FS invests R$2 billion in new ethanol plant in Mato Grosso

The Campo Novo do Parecis unit is expected to generate 8 indirect jobs and begin operating in 2026.

24.07.2025 | 16:19 (UTC -3)
Silvia Sibalde

FS – Fueling Sustainability –, one of Brazil's largest ethanol and animal feed producers, announces the construction of its fourth facility in the state of Mato Grosso. Construction on the FS plant in Campo Novo do Parecis began in June of this year and is expected to be completed in December 2026.

With a projected investment of R$2 billion, the new plant will have the capacity to produce, annually, 540 million liters of ethanol, 935 thousand tons of co-products for animal nutrition, 69 thousand tons of technical corn oil and 56 thousand MWh of electricity.

"The implementation of the new FS unit follows our plan to expand the supply of sustainable, low-carbon biofuels and foods to Brazil and the world. The decision to invest in the Campo Novo do Parecis plant was bolstered by the approval of the Fuel of the Future project, which resulted in E30 and will soon allow E35," says FS CEO Rafael Abud.

During construction, the unit in Campo Novo do Parecis is expected to generate 600 direct jobs and eight thousand indirect jobs.

FS already has three other operational units in the municipalities of Lucas do Rio Verde, Sorriso, and Primavera do Leste, all in the state of Mato Grosso. The expansion plan also includes a fifth industrial unit in the municipality of Querência, where the company has already begun preparatory work, including earthmoving and basic infrastructure.

FS is the first ethanol company in Brazil to utilize 100% of its production from corn. With a production capacity of over 2,5 billion liters of ethanol per year, it also boasts cutting-edge technology for the production of animal feed, corn oil, and bioelectricity. FS produces 100% of its ethanol from second-crop corn, making this biofuel even more sustainable by maximizing the use of existing agricultural land. Furthermore, generating renewable fuel in a system integrated with food production provides environmental, social, and economic benefits.

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