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  • gavgavmd gavgavmd Jan 17, 2013 5:06 PM Flag

    sugar ethanol plants opening, corn plants closing:

    Great US Policy: (chicken surviving)

    Brazil - Adecoagro secures U$241 million loan to build sugar-ethanol plant
    Wednesday January 16 2013

    Banco Nacional de Desenvolvimento Economico e Social, Brazil's development bank, recently approved a 488.6 million-real loan ($241 million) to Adecoagro SA for the construction of sugar-ethanol mill.

    The mill, planned for Ivinhema, Mato Grosso do Sul, in the country's center-west region, will have a processing capacity of 4.1 million tonnes. The investment includes installation 120-megawatt cogen power plant and associated transmission line to export surplus power.

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