Brussels, 04/01/2011 (Agence Europe) - On Tuesday 4 January, the European Commission cleared the creation of a joint venture between Shell Brazil Holding B.V., the Brazilian subsidiary of the oil and petrochemicals group Shell (UK), and Cosan S.A. Indústria e Comércio (Brazil), the leading world producer of ethanol and sugar, which is also active in the cogeneration of electricity using sugar cane, fuel distribution and in the production and distribution of lubricants in Brazil.
The new...