ANNOUNCED AS TEMPORARYNo
On 6 March 2017, the Brazilian Company of Innovation and Research (FINEP) provided Caramuru Alimentos S.A. with a BRL 69 million (USD 22 million) credit line. The objective of this financing is to construct a new manufacturing plant to produce soy ethanol and soy lecithin from molasses.
The total estimated cost of the investment is BRL 115 million (circa USD 37 million) and Caramuru Alimentos S.A. is responsible to provide the project with the remaining economic resources and to conclude the plant before 6 March 2019.
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