finance International Sugar Journal
The finance is part of the support programme for sugarcane production called BNDES Prorenova. The goal of the initiative is to support the planting of over 400,000 hectares (988,421 acres) of sugarcane to be used also in the production of ethanol.
Brazil – Biofuels sector to get a share of U$100 million from IDB [Registered]
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“At least 20 companies will receive the support,” Neto told Bloomberg. “The objective is to give access to different funding for companies focused in sustainability.”