Brazilian Sugar and Ethanol Industry Moves Toward Economic Concentration

Brazilian Sugar and Ethanol Industry Moves Toward Economic Concentration and Internationalization, an Industrial Info News

Researched by Industrial Info Resources (Sugar Land, Texas) -- Economic concentration and internationalization are reshaping the Brazilian sugarcane industry, once entirely owned by local residents.

An intense process of mergers and acquisitions characterizes the past decade -- especially the last two years, when the economic crisis hit the sector harshly. The Brazilian sugarcane industry is composed of 437 processing plants that produce fuel ethanol and sugar from sugarcane juice, and electric energy out of bagasse burning. The industry is beginning to recover from the effects of the world crisis, and companies plan to invest millions in grassroot projects, plants and powerhouse expansions.

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source: marketwire