News International Sugar Journal

Brazil – Without new investments milling capacity will be inadequate to process rising cane output in two years [Registered]

New investment to expand cane milling capacity is urgently needed to match the significant rise in cane output, stress industry representatives. Speaking to Reuters, they warn that in two years, sugar factories will not be able to process all the cane that is produced. Following the credit crunch in 2008, new investments in increasing processing capacity have simply dried up. This has not been helped by the fact this was accentuated by a period of low profit margins from ethanol, which did not attract new capital. The general consensus is that with expansion in cane production through both increase in…

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