Abengoa Bioenergía S.A., a subsidiary of Spanish group Abengoa, develops new technologies for the production of chemical bioproducts and biofuels. It is also involved in the area of raw materials procurement and the production and commercialization of bioethanol, DGS (distillers, grains and solubles) and sugar. The company encourages the development of energy crops and the creation of agro-industries, while devoting significant resources to research work. Abengoa Bioenergía operates two processing facilities in Brazil – Fazenda São Luiz and Fazenda Lagoa Formosa – both in the state of São Paulo. In February 2016, the company's US unit Abengoa Bioenergy US Holding LLC filed for chapter 11 bankruptcy protection.