Since 2014
Prospects for sugar not so sweet
The Brazilian Economy
View Archive Info| Field | Value | |
| Title |
Prospects for sugar not so sweet
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| Creator |
Farina, Elizabeth
Monteiro, Solange |
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| Description |
IF THE CURRENT BRAZILIAN economic situation makes most productive investment projects very costly, sugar industry projects are even more expensive. Already dozens of sugar mills have closed, and the economic crisis has pushed others to file for bankruptcy, with debts estimated to total some US$80 billion. The industry is waiting for the government to define its policies so it can work out a recovery strategy. “The important issue is what is expected of ethanol—this is a decision that the sector cannot make,” says Elizabeth Farina, who has been Director President of the Brazilian Sugarcane Industry Association (Unica) since late 2012. Farina reiterates the productive potential of ethanol in Brazil and criticizes government intervention in fuel pricing, pointing out, “Sugar mills are still bleeding.”
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| Publisher |
The Brazilian Economy
The Brazilian Economy |
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| Contributor |
—
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| Date |
2015-07-08
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://bibliotecadigital.fgv.br/ojs/index.php/be/article/view/52821
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| Source |
The Brazilian Economy; v. 7, n. 5 (2015); 25-29
The Brazilian Economy; v. 7, n. 5 (2015); 25-29 |
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| Language |
por
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| Relation |
http://bibliotecadigital.fgv.br/ojs/index.php/be/article/view/52821/51573
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| Rights |
Direitos autorais 2015 The Brazilian Economy
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