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.
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