Up to 20% of Brazilian mills could be idled or sold in next few years

February 20, 2013 |

In Brazil, as many as 60 of Brazil’s smaller mills will be shut or sold during the next couple of years as market forces take a heavy toll. The figure accounts for about a fifth of the mills, squeezing out the less competitive units. As many as 10 of those mills won’t even crush during 2013/14 that starts in April due to financial difficulties.

Category: Fuels

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