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Bunge to invest $2.5 bln in Brazil sugarcane sector
SAO PAULO |
SAO PAULO Aug 18 (Reuters) - Bunge (BG.N) will invest $2.5 billion in expanding its sugar and bioenergy capacity in Brazil through 2016, the company said in a statement on Thursday.
The investments will go into eight of the group's mills and will expand crushing capacity by 50 percent from present levels to 30 million tonnes a year of cane. (Reporting by Fabiola Gomes; Writing by Reese Ewing)
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