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Reporter Brasil, 2010
Brazil of biofuels: Sugarcane (Vol. 6)
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The year of 2009 was marked by strong activity in Brazil’s sugar-alcohol industry. After a deep crisis in the previous year, when companies suffered with credit restriction, several of them saw their balance sheets recovery in a scenario of permanent increase in the domestic demand for ethanol. Encouraged by a promising market, capitalized foreign groups purchased major Brazilian companies and already account for milling over 20% of the sugarcane produced in the country. In spite of the changes, environmental and social liabilities still taint the industry. Important initiatives in 2009, such as sugarcane zoning and the labour commitment signed by companies, still depend of a series of proceedings to be enforced. The scenario demands that civil society organizations such as NGOs, labour unions, and social movements keep watching so that ethanol’s potential benefits to the country are not restricted to a few. With "Brazil of Biofuels: Sugarcane 2009", the Biofuel Watch Center (BWC) of NGO Repórter Brasil closes its second year of activities, started in January 2008.
Added on 19 May 2010
Economy ::
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Biofuels ::
South & Latin America
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