GRANOSOL

What GRANOSOL does

GRANOSOL S.A. is a privately held Bolivian bioenergy company founded in 2018 and headquartered in Santa Cruz de la Sierra, operating a single industrial plant in Pailón, Santa Cruz department. The company produces anhydrous ethanol (bioethanol) through fermentation and distillation of sorghum and maize, using MiniDest modular distillation technology licensed from Argentine industrial group Porta Hnos. S.A. Under a circular economy model, the same grain feedstock yields both fuel-grade ethanol and protein-rich byproducts—including DDGS (burlanda), liquid vinasse, expeller soybean meal, and soybean oil—that are sold to the livestock and animal feed industries. The company also offers grain storage, cold storage, weighing, and feedlot services to the agricultural sector.

The business model is anchored by a long-term supply contract with YPFB, the Bolivian state oil company, to deliver approximately 5 million liters of anhydrous ethanol annually at roughly $0.69 per liter for blending with gasoline. Secondary revenue streams include direct sales of industrial and sanitary ethyl alcohol, animal feed products, and agricultural services. Go-to-market is enterprise B2B with direct field sales, supported by a website and social media presence. The company employs 12 people and has announced forward-integration plans into bioplastics (ethylene and polyethylene) as a future value-add extension of its ethanol platform.

GRANOSOL operates as Bolivia's pioneer in cereal-based bioethanol production, holding first-mover status under the national Ley de Biocombustibles framework. Its growth has been constrained by a documented dispute with YPFB over contract execution (which triggered a 1-million-liter export to Italy in 2020) and by the absence of additional plant construction beyond the single Pailón facility since 2019. The company sources sorghum from 132 producers with potential to expand to 6,000 farming families in eastern Santa Cruz, and is targeting 100 million liters of annual ethanol production by 2025, though no public funding has been disclosed beyond the initial $4 million Porta Hnos investment.

Name

GRANOSOL

Legal name

Granosol S.A.

Website

https://granosol.com.bo

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

GRANOSOL S.A. is a Bolivian bioenergy company that produces anhydrous ethanol from sorghum and maize via a modular MiniDest distillery, supplying YPFB for fuel blending and selling protein-rich byproducts to the livestock sector.

Ownership category

akta.pro rank

Product category

Bioethanol and Animal Feed Manufacturing

NAICS

Grain and Oilseed Milling (3112)

SIC

Grain Mill Products (2040)

akta.pro primary industry

Grain & Sugar-Based Ethanol Production (EUAAAHAA)

akta.pro secondary industry

Biofuel Co-products & Byproduct Processing (DDGS, Glycerin, CO2, Lignin) (EUAAAHAJ)

Keywords

• Cereal-based bioethanol
• Anhydrous alcohol production
• Protein-rich animal feed
• Grain storage services
• Soybean processing

Headquarters

HQ city

Santa Cruz de la Sierra

HQ country

Bolivia

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Bioethanol/Anhydrous Alcohol Sales: Production and sale of anhydrous ethanol to YPFB for fuel blending with gasoline. Contract-based sales of 5 million liters annually at approximately $0.69 per liter. Product also exported to international markets including Italy.
2. Ethyl Alcohol (Industrial/Sanitary): Production and distribution of ethyl alcohol from cereals in various concentrations for sanitary and industrial applications.
3. Animal Feed Products: Sale of protein-rich byproducts from ethanol production including burlanda (DDGS), vinaza líquida, expeller de soya, and soya oil to livestock and animal feed manufacturers.
4. Grain Storage/Acopio Services: Grain and seed storage services with modern facilities providing quality preservation for agricultural producers throughout the year.
5. Cold Storage Services: Modern cold chamber services for storing seeds and various grains to maintain product quality.
6. Feedlot Services: Specialized confinement services providing secure facilities and optimal fattening performance for animals.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Granosol produces and distributes anhydrous ethanol and ethyl alcohol from cereal grains (sorghum and maize) via fermentation and modular distillation for fuel blending and industrial/sanitary applications. It also sells protein-rich byproducts (burlanda/DDGS and liquid vinasse) and soybean derivatives as animal feed, and provides grain storage, cold storage, weighing, and feedlot services to agricultural customers.

Product overview

GRANOSOL is a pioneer in sustainable bioenergy production in Bolivia, operating a circular production model that processes cereals and oilseeds into biofuels and animal feed products. The company operates a modular ethanol plant in Pailón producing anhydrous alcohol from sorghum and corn, with byproducts including DDGS/burlanda and liquid vinasse for animal nutrition. Additional products include expeller soybean meal, soybean oil, and storage/weighing services. The company exports to Europe and Latin America.

Differentiator

Problem solved

Functional benefit

Products and services

• Alcohol Anhidro (Anhydrous Alcohol) High-purity anhydrous alcohol produced from cereal grain fermentation (sorghum and corn), used as a fuel additive blended with gasoline for national energy markets and exports.
• Alcohol Etílico (Ethyl Alcohol) Cereal-based ethyl alcohol produced and distributed in various concentrations for sanitary and industrial applications.
• Vinaza Líquida (Liquid Vinasse) Liquid byproduct of ethanol fermentation with high protein and energy value, marketed for animal consumption.
• Harina de Soya Tipo Expeller (Expeller Soybean Meal) Expeller-type soybean meal produced without chemical agents, used as high-protein animal feed.
• Aceite de Soya (Soybean Oil) Crude soybean oil produced as a fundamental raw material for biodiesel production and other food uses.
• Servicios de Acopio (Grain Storage Services) Grain and seed storage services with high storage capacity to ensure quality and conservation of harvests year-round.
• Servicio de Cámara Fría (Cold Storage Service) Modern, sustainable cold chamber services for storing seeds and various grains to maintain product quality.
• Servicio de Pesaje (Weighing Service) Precise and fast weight measurement services for agricultural customers to maximize product efficiency.
• Servicio Feedlot (Feedlot Service) Specialized animal confinement service providing secure facilities and optimal fattening performance for livestock.

Quantifiable outcome

• 6 million liters annual ethanol capacity, scalable to 100 million liters by 2025
• +5 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Government of BoliviacoreStrategic or Co-development Partner · 18 October 2019Public-private partnership under the Biofuels Law framework. The government provides regulatory support, biofuel mandates requiring ethanol blending, and acts as primary purchaser through YPFB. The partnership enables Granosol's $14 million plant investment with government commitment to purchase production. Initial phase benefits 132 sorghum producers with expansion potential to 6,000 farming families.
• Agrosol (Pailón)minorStrategic or Co-development Partner · 18 October 2019Ethanol production facilities located in Pailón municipality operate within Agrosol premises. Granosol utilizes existing Agrosol infrastructure for ethanol production, leveraging established agricultural processing capabilities in the region.
• ANAPO (Asociación de Productores de Oleaginosas y Trigo)coreStrategic or Co-development Partner · 1 March 2019Strategic alliance between Granosol, ANAPO, Ministry of Hydrocarbons, and YPFB to execute sorghum-based anhydrous ethanol production projects. ANAPO provides agricultural expertise, farmer network access, and advocacy for the biofuel sector. Granosol serves as the industrial processor converting sorghum into ethanol. The partnership aims to produce 30-40 million liters of ethanol utilizing 907,040 tonnes of Bolivian sorghum production.
• YPFB (Yacimientos Petrolíferos Fiscales Bolivianos)coreStrategic or Co-development Partner · 30 January 2019Granosol signed a long-term contract to sell 5 million liters annually of sorghum-based anhydrous ethanol to YPFB for fuel blending with gasoline in Bolivian refineries. This partnership represents the core revenue relationship for the company's ethanol production. The contract helps Bolivia reduce fuel imports and subsidies while supporting the domestic agricultural sector. Price agreed at approximately $0.69 USD per liter.
• Porta Hnos. S.A. (Argentina)coreTechnology or Integration · 22 June 2018Argentinian industrial group Porta Hnos. S.A. partnered with Granosol to install the first MiniDest (modular distillery) in Bolivia. Porta provides the automated, remote-operated distillation technology capable of producing 5 million liters of ethanol annually. Investment of $4 million USD for civil works and assembly. Porta Hnos. operates similar facilities in Paraguay and Brazil, bringing proven technology expertise to the Bolivian market. The partnership opens potential for additional plants and a technology maintenance center in Santa Cruz.
• DLM Bioenergy GroupcoreOthersGranosol operates under the DLM Bioenergy Group corporate structure. The company headquarters is located in the DLM Bioenergy Group building, indicating shared corporate leadership and resources. Granosol appears to be the flagship operating company within the bioenergy-focused group.

Scale indicators15 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Bunge Global SA: Global agribusiness and grain processor with ethanol/bioenergy operations and grain origination networks across South America. Broad incumbent providing agricultural supply chain context.
• Cargill: Global agricultural commodity processor with grain origination and ethanol/bioenergy exposure. Broad incumbent providing industry benchmark for grain processing economics.
• Raízen: Brazilian joint venture between Cosan and Shell, one of the largest ethanol producers globally with sugarcane-based operations and growing second-generation ethanol capacity. Broad incumbent in the regional biofuel space.

Others

• ICM Inc. US-based ethanol plant technology provider designing and engineering grain-to-ethanol facilities globally. Comparable technology provider in the cereal ethanol equipment ecosystem.
• ANAPO: Bolivian association of oilseed and wheat producers providing sorghum supply chain for Granosol's operations. Strategic ecosystem partner and agricultural sector coordinator.

Regional players

• Alcoholes del Uruguay (ALUR): Uruguayan state-owned ethanol producer (ANCAP subsidiary) producing ethanol from grain and sugarcane. Comparable regional state-backed ethanol producer model in South America.

Direct peers

• Green Plains Inc. US-focused ethanol producer with corn-based biorefineries and significant DDGS production. Operates similar cereal-to-ethanol-to-feed value chain model at scale.
• Porta Hnos. S.A. Argentine industrial group and Granosol's technology partner. Operates MiniDest modular ethanol distilleries in Paraguay and Brazil using the same sorghum/cereal fermentation technology deployed at Granosol's Pailón plant. Most directly comparable peer.
• Adecoagro S.A. South American agribusiness with sugarcane and ethanol production in Argentina, Brazil, and Uruguay. Comparable crop-to-ethanol model with agricultural integration in the same regional context.
• POET: Largest corn ethanol producer in the US with integrated biorefinery operations producing ethanol and DDGS animal feed co-products. Directly comparable cereal-based ethanol production with circular economy byproducts.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@granosols.a.8713
• Facebookfacebook.com/granosol
• LinkedInlinkedin.com/company/granosol
• Instagraminstagram.com/granosolbolivia

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GRANOSOL