"The expansion of E2G production will help strengthen the country's position as one of the main potential producers of new biofuels. For SAF and marine fuel alone, the demand mapped by BNDES for investments is around R$167 billion. These investments will ensure the expansion of Brazil's technological frontier." The company – Raízen, created in 2011 from a joint venture between Cosan and Shell, operates in several areas. Its activities include sugarcane cultivation, sugar and ethanol production, energy cogeneration, logistics, transportation and fuel distribution, among other businesses, employing more than 45 thousand people.