Sugar Makers Bunge to Sao Martinho Try Biotech
date:Oct 10, 2012
will compete with products derived from petroleum and may sell for more than $20 a liter, compared with about 50 cents a liter for ethanol, Slome said.

Double the Margins

Compared to the old commodity business, this is much better for us, Paraiso Bioenergia Chief Executive Officer Dario Costa Gaeta said in a telephone interview from Brotas, Brazil, where the company is based. Our target is to have double the margins of sugar and ethanol, he said.

Net sales for Brazils chemical industry more t
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