Brazilian sugar group Açucar Guarani expects to process 17.5 million tons of sugar cane in 2010/11

28 May 2010

Sao Paulo, Brazil, 28 May – Brazilian sugar group Açucar Guarani said Thursday it expected to process 17.5 million tons of sugar cane in the 2010/11 campaign, according to the Brazilian press.

During a conference with analysts, the group also said that the projection covered production in Brazil and Mozambique (Companhia do Sena) and that it already included the Vertente company, which is expected to process 1.8 million tons of the expected total.

In February the group acquired 50 percent of Vertente from the Humus group. Vertente is located in the same region as five of the company’s units, in the interior of Sao Paulo state.

Vertente, which in the 2010/11 campaign is expected to produce 117,000 tons of sugar and 72,000 cubic metres of ethanol, has a project to increase its milling capacity to 2.2 million tons, with production of 165,000 tons of sugar and 92,000 cubic metres of ethanol.

The Açucar Guarani group is part of the Tereos Internacional group, which operates in the sugar, starch and biofuel sectors, and brought together the assets of Açucar Guarani with the European grain and sugar cane assets in the Indian Ocean of the Tereos group. (macauhub)