Boa Vista to Get $178 Million for Brazil Expansion, Estadao Says
Usina Boa Vista SA, a Brazilian sugar-cane mill, will receive 360 million reais ($177.7 million) from national development bank Banco Nacional de Desenvolvimento Economico e Social to expand crop plantations and processing capacity, O Estado de S. Paulo reported.
Usina Boa Vista, in the center west municipality of Quirinopolis, will be able to crush 7 million metric tons of cane in 2015, up from 2.5 million tons now, the Sao Paulo-based newspaper said today. It cited Fabio Venturelli, president of Nova Fronteira Bioenergia SA which controls the plant.
To contact the editor responsible for this story: Reed Landberg at firstname.lastname@example.org
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.