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Brazil - Islamic bank funds Brazilian sugar/ethanol project

2013-01-18 09:06:40| Sugar Industry News

An investment bank from the Persian Gulf, through Abu Dhabi Equity Partners, is funding an unnamed Brazilian sugar and ethanol company in the state of Mato Grosso do Sul with \"millions of dollars\", Brazilian press reports said.

Tags: project bank brazil funds

Solazyme Bunge Renewable Oils Joint Venture Receives Funding Approval From Brazilian Development Bank

2013-01-16 22:52:00| chemicalonline News Articles

Solazyme, Inc. (“Solazyme”), a renewable oil and bioproducts company, announced recently that Solazyme Bunge Renewable Oils, its joint venture with Bunge Global Innovation LLC, a wholly-owned subsidiary of Bunge Limited , has received approval for project financing in the form of a loan from the Brazilian Development Bank (BNDES) of R$245,699,000 (or approximately USD$120million based on the current exchange rate)

Tags: development bank approval joint

Brazilian Utility Eletrobras Announces Sensor and Smart Meter Project

2013-01-15 20:00:00| Transmission & Distribution World

ELO is completing the deployment of a 3400-unit pilot the Parintins City Project with Eletrobras.

Tags: project meter smart utility

U.S. Soy Cancellations Rise with Brazilian Crop Estimates

2013-01-07 19:17:00| Corn & Soybean Digest

Further cancellations of U.S. soybean orders by China have added to the downward pressure on soybean prices as buyers grow more confident in a bumper South American crop. On Jan. 3, USDA said that private exporters had reported the cancellation of export sales of 315,000 metric tons of soybeans for delivery to China during 2012-13. The cancellation follows Chinese buyers cancellation of a total of 840,000 tons of previous U.S. soybean purchases for 2012-2013 during the week before Christmas. Another 120,000 tons of soybeans sold to an unknown destination that was most likely China were also cancelled on Dec. 18. News from Brock Associates read more

Tags: rise estimates soy brazilian