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Raizen to cut ethanol investments by a quarter during 2015/16

March 23, 2015 |

In Brazil, along with flat expectations for ethanol production during 2015/16, Raizen expects to cuts its ethanol investments to around $600 million, roughly 25% lower than during the previous season. A weaker Real may boost demand for Brazilian ethanol exports but low gasoline prices dampens domestic demand for ethanol.

Category: Fuels

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