Global Trade Alert
Global Trade Alert

Brazil: BNDES and São Martinho SA sign loan to build a new corn ethanol plant

Announcement

11 Aug 2025

In August 2025, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with São Martinho SA.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Aug 2025

Revocation date:

No revocation date

Updated: 12 Aug 2025
Local content incentive In force

The BNDES Finem credit line is subject to local content incentives. As such, so is the BRL 125 million loan to São Martinho SA, granted on 11 August 2025 by the National Bank for Economic and Socia...

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Updated: 12 Aug 2025
State loan In force

On 11 August 2025, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and São Martinho SA signed a BRL 125 million (USD 23 million) loan. The loan will finance th...

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Updated: 12 Aug 2025
State loan In force

On 11 August 2025, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and São Martinho SA signed a BRL 500 million (USD 92.3 million) loan. The loan will finance ...

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