“This transaction fulfills Bunge’s strategic goal of building a large-scale, fully integrated business in sugar and bioenergy,” stated Alberto Weisser, Chairman and CEO of Bunge Limited. “It adds significant scale to our current milling operations and enables us to vary production among multiple sugar and ethanol products, according to market conditions. The Moema Group cluster is also strategically located near large domestic markets in Brazil and has excellent access to export logistics systems. All of these strengths make it a perfect fit with our global trading and marketing operations.” The Moema Group cluster is located on the border of São Paulo and Minas Gerais states, the two largest domestic ethanol markets in Brazil. The mills benefit from cost savings due to their cluster configuration, and have favorable road and rail access to three of Brazil’s largest export ports (Santos, Paranaguá and Vitória). From Bunge's Press Release
"Bullish on business opportunities in Brazil, and that country's hosting of the Olympics in 2016, Milwaukee-based Brady Corp. has acquired a third Brazilian company." By Rick Barret | Journal Sentinel Milwaukee John Prideaux, Economist's Brazil correspondent, speaks about the new macroreconomic and political stabiliy that the country has achieved in the last decade. The article and audio appeared on the 14th of November 2009 edition of the Economist. This is a 15' minutes long audio, on 10'10" Prideaux comments on the growing consumer market and why that makes the country a very good place to sell goods and services. You can read the full report here. KIT digital joins forces with Latinstock to expand presence in Brazil, Mexico and other key Latin American markets http://bit.ly/5ZjBxV According to an August 2009 report issued by the Rio de Janeiro State Federation of Industries, the state will receive $USD 60.3 billion investments from the public and private sectors in the next three years. And an additional $USD 14 billion for the Olympic Games. This New York Times article provides a nice intro to differences between Rio and Sao Paulo styles of conducting business and the expected transformation of Rio in the next five years. This article by Eduardo J. Gomez appeared on Foreign Policy magazine the day Brazil won the bid to host the Olympic Games in 2016. October 2nd 2009 Click here for the video on the master plan for the Olympic Games that will be hosted by Rio de Janeiro in 2016. A great first person narrative about doing business in Brazil appeared a couple of weeks ago in the New York Times. Matt Antilla, a young entrepreneur speaks about his frequent business trips and the cultural diversity of the country. Click on the link to the right to read the full story. "What I tell people is that Brazil is a huge country. And every state within it has a different feel. That’s why you have to give yourself enough time to try to connect with the locals, who can help you discover the specific culture of each place." Frequent Flyer: The Joys, and Lessons, of Traveling to Brazil New York Times 30 november 2009 | ArchivesMarch 2010 CategoriesAll |
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