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ADM Reaches Agreement to Sell Brazilian Sugar Ethanol Operations

2016-04-01 08:38:33| Agriculture - Topix.net

"As our sole sugarcane ethanol operation in Brazil, this asset is too small for ADM to compete effectively in a challenging ethanol environment." The transaction includes a sugarcane plantation and an ethanol distillery, which is capable of crushing up to 1.5 million tons of sugarcane and producing 37,000 gallons of ethanol per year.

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