Minas Gerais International Sugar Journal
Brazil – Sugar sector in Minas Gerais investing over US$1 billion to expand cane production [Registered]
The cane sector in Minas Gerais will invest BRL6 billion (US$1.07 billion) to expand crushing capacity over the next eight years to over 95 million tonnes (mln t), when it is expected to become the second-largest producing state, behind only São Paulo.
Brazil – BP selling its 26 cane farms in Minas Gerais [Registered]
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Total acreage of 3400 hectares is valued at between R$24 million and R$ 30 million (U$8.6 million to U$10.7 million). The size of the properties varies from 50 ha to 1200 ha.