BRIEF-Biosev CEO sees Brazil as key to reducing global sugar deficit

martes 18 de octubre de 2016 09:55 GYT
 

Oct 18 (Reuters) - The Chief Executive of Brazilian sugar and ethanol producer Biosev SA, Rui Chammas, says on Tuesday:

* Brazil's sugar and ethanol industry is entering a new cycle of profitability

* Brazil will be key to reducing the global sugar deficit over next two seasons

* Brazilian mills are coming out of their worst crisis in decades due to poor margins on sugar and ethanol production due to weak prices, which left them holding huge debts Further company coverage: