The company Raízen fuels (the brazilian joint venture with Shell Cosan) submitted a proposal, within the framework of competition, Shell oil company for the purchase of its assets in refining, fuel and lubricant distribution in Argentina.
In a statement, the Raízen also stated that it is not possible to make any prediction about the outcome of the operation, once the process of competition with the participation of other stakeholders, whose proposals are also under review by Shell.
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