Shell's New Biofuels Bet with Cosan Is Great News for Codexis

Seeking Alpha
by: The Burrill Report February 09, 2010

A new $12 billion joint venture in the offing between Royal Dutch Shell (RDS.A) and Cosan (CZZ) is likely to scale up sugarcane ethanol production and distribution in Brazil and beyond, holding the potential to eventually deliver 4 billion to 5 billion barrels of the biofuel to motorists each year.
"Our size, degree of sophistication and stage of development means we need a partner that not only shares our vision, but also has access to international markets to help us deliver our growth potential," says Rubens Ometto Silveira Mello, Cosan's board chair.

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