Brazil's Raizen to pour $600 mln into Argentina refinery renovation-May 2024-www.financetom.com

Brazil's Raizen to pour $600 mln into Argentina refinery renovation

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Brazil's Raizen to pour $600 mln into Argentina refinery renovation

Apr 17, 2024 8:16 PM

April 17 (Reuters) - Executives of Brazilian energy

company Raizen on Wednesday told Argentina that the firm would

invest $600 million over the next four years to modernize its

refinery there, the neighboring country's foreign ministry said.

Raizen's top brass met with Argentine Foreign Minister Diana

Mondino in Brazil on Wednesday, telling her they were interested

in growing both Argentina and Brazil's share in the world's

biofuel market, according to a statement by Argentina's foreign

ministry.

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