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Brazil's Gerdau plans broad reorganization amid grim steel outlook

2015-07-14 14:21:01| Steel - Topix.net

Gerdau SA, the Americas' largest steelmaking group, announced on Tuesday a broad corporate reorganization that aims at taking better advantage of the firm's growing size in markets other than home turf Brazil amid weak demand and pricing for steel products. Under the plan, which the Porto Alegre, Brazil-based firm announced in a securities filing, Gerdau will pay 1.986 billion reais to buy out minority shareholders in four units, integrate South American operations outside Brazil in a single unit and merge the company's iron ore unit into its Brazil operations.

Tags: plans steel broad outlook

 

Brazil's biofuels hit new sweetspot

2015-06-24 00:45:53| BBC News | Business | UK Edition

The changing fortunes of Brazil's ethanol farmers

Tags: hit biofuels brazils

 
 

Brazil's Sao Martinho says to favor sugar over ethanol in 2015

2015-06-23 08:23:49| Sugar Industry News

SAO PAULO, June 22 (Reuters) - Brazil's Sao Martinho sugar and ethanol group said on Monday that it plans to increase its sugar production by more than 5 percent in the current April-March cane crushing season from the previous 12 months, at the expense of ethanol output.

Tags: favor sugar sao ethanol

 

Organic Cacao Farmers Help Reforest Brazils Amazon Jungle

2015-06-11 20:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: "Now we realise what a paradise we live in," said Darcirio Wronski, a leader of the organic cacao producers in the region where the Trans-Amazonian highway cuts across the Xingú river basin in northern Brazil. Besides cacao, on their 100 hectares of land he grows bananas, passion fruit, cupuazú (Theobroma grandiflorum), pineapples and other native or exotic fruit with which his wife, Rosalina Brighanti, makes preserves that she sells as jams or jellies or uses as filling in homemade chocolate...

Tags: amazon organic jungle farmers

 

Brazil's economy shrinks by 0.2%

2015-05-29 14:37:47| BBC News | Business | UK Edition

Brazil's economy shrinks 0.2% in the first quarter of the year as droughts hold back growth.

Tags: economy shrinks economy shrinks brazils

 

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