News International Sugar Journal

Brazil – Sugar-ethanol producer Grupo Moreno files for bankruptcy protection [Full subscriber]

Grupo Moreno, which operates three plants in the heart of Brazil’s sugarcane belt in Sao Paulo state, filed for bankruptcy protection on 18th September, reported Reuters. This was triggered by negotiations with creditor banks failing – the company’s debt is estimated by the source at around BRL2 billion (US$483.44 million).…

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