Commodities
Tereos Brazil to Keep High Sugar Output as Peers Endure Drought
- Sugar cane crushing to match last season’s record: executive
- Company to reduce the amount of cane used to make ethanol
A sugar and ethanol bioenergy plant in Itapetininga, Brazil.
Photographer: Jonne Roriz/BloombergThis article is for subscribers only.
French group Tereos SCA expects to keep a strong pace of sugar production in Brazil and plans to outperform peers in the world’s largest sugar-exporting nation.
The group is looking to process as much as the record 21 million tons of cane it handled last year, said Pierre Santoul, chief executive officer of Tereos’ Brazil unit. That would be better than the expected average for the drought-plagued Center-South growing region.