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Tag: Valor Economico

Raízen to invest $60.4M in second Sao Paulo biogas plant

Raízen to invest $60.4M in second Sao Paulo biogas plant

April 27, 2022 |

In Brazil, Valor Economico reports that eight months after starring in the largest IPO in the country in 2021, Raízen, the fourth largest Brazilian company in terms of revenue, is once again showing the market the reason that led it to seek the favor of investors. With the support of funds raised in the market, […]

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As many as 30 Brazilian ethanol mills headed for bankruptcy

As many as 30 Brazilian ethanol mills headed for bankruptcy

September 30, 2014 |

In Brazil, Valor Economico reports that as many as 30 ethanol and sugar plants are ready to shut down permanently thanks to the country’s policy to continually cap gasoline prices. The mills crush about 60 million metric tons of cane annually and currently aren’t operating. They’ve delayed payments for several months and are expected to […]

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