# BNDES approves R$356.5 million for a pilot project to produce high-protein material from cottonseed in MT

> BNDES approved two loans totaling R$356.5 million for Dual Duarte Albuquerque Comércio e Indústria to invest at its Pedra Preta, Mato Grosso, facility. The larger loan, R$271.6 million, will fund a pilot factory producing cottonseed protein concentrate for animal feed, with protein content above 60% and low free gossypol; completion is planned for December 2027.

- Date: 2026-11-09 · published 2026-11-09T18:06:50.112Z
- Category: policy · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/89842-bndes-approves-r-356-5-million-for-a-pilot-project-to-produce-high-protein
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

The plant could create a new high-protein feed ingredient supply, potentially adding competition for established protein meals once production begins. Its price impact is likely limited initially because this is a pilot project with a future completion date.

## Sources

- businessmoment.com.br: https://businessmoment.com.br/bndes-aprova-r-3565-mi-em-projeto-piloto-de-producao-de-proteina-de-alto-teor-a-partir-de-caroco-de-algodao-em-mt/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.