News International Sugar Journal

Brazil – Ethanol blend in gasoline increased to 27% from 25% [Registered]

The higher blend is the latest of several measures taken by the government expected to have a positive effect on the industry’s bottom line going forward. In the past years, local firms such as Raizen , Biosev, Bunge, Sao Martinho and Guarani have struggled to post consistent and robust profits as rising production costs combined with government gasoline subsidies have squeezed mills’ margins.…

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