Check 5th largest impact events in the week
Check out the most relevant facts to the sugarcane industry this week – from 31/08 to 4/09 – which were featured in the Portal JornalCana:
1 – Vinasse buyer
In an interview with JornalCana Portal, Walter Fernando Piazza Júnior, president of GrasBrasiliano signaled interest in buying vinasse plants.
2 – New direction
The Usina Monteverde, linked to Bunge, introduced this week new members to its board.
3- Activity concentration
Alberto Borges Matias, a professor at the Faculdade de Economia, Administração e Contabilidade (FEA), USP in Ribeirão Preto (SP), comments on a growing trend in the industry and can be experienced in other segments of the economy.
4 – Project SUCRE
Four mills of sugarcane are partners in SUCRE Project (Sugarcane Renewable Electricity), started this year by the National Laboratory of Science and Technology of Bioethanol (CTBE) and the Brazilian Sugarcane Industry Association (UNICA).
5 – Raízen Energia
The Raízen Energia held the readjustment of capital structure between the Raízen Energia and its affiliate Raízen Combustíveis. Operations result in the reduction in net debt of Raízen Energia in the amount of R$ 1,5 billion and the consequent increase in net debt of Raízen Combustíveis in the same amount.