After a series of setbacks, company sold a record 72 aircraft in 2021, boosted by agribusiness 08/10/2022 Aircraft seller TAM Aviação Executiva was still recovering from the economic crisis aggravated by anti-corruption task force Car Wash when air travel practically ceased because of Covid-19. At the country’s largest jet marketer, the controlling shareholders needed to […]
New company will produce collagen, gelatin to food, pharmaceutical, cosmetics industries 08/10/2022 Claudia Yamana — Foto: Silvia Zamboni/Valor Giant meatpacker JBS has a new venture. The company starts this month the operations of Genu-in, a new company that will produce collagen peptides and gelatin from bovine skin coming from the company’s production chain. The investment […]
A scenario of rising costs requires faster decisions in order not to be left out of the market 08/09/2022 Largest consumer industrial companies in the world are making an effort to try and show a reaction to the current difficult situation — Foto: Daniel Wainstein /Valor “Two and half years ago, you had to switch […]
Project will enable transportation of fertilizers from Port of Santos to this central state 08/09/2022 Rumo and Andali, a joint venture between U.S.-based agribusiness cooperative CHS and BRFértil, will officially start operations in a fertilizer terminal on the North-South Railway in Rio Verde, Goiás, on Tuesday. The project will enable the transportation of fertilizers from […]
Abu Dhabi’s Mubadala fund, Raízen are among those interested in assets 08/09/2022 Bunge and BP created joint venture in 2019 — Foto: Divulgação U.S.-based Bunge and British oil company BP have put up for sale the sugar-and-ethanol company BP Bunge Bionergia, a joint venture created by the two companies in 2019, sources say. With 11 […]
Total margin can reach 45%, compromising almost half of customers’ income 08/08/2022 Changes in payroll-deduction loans put in place by the law signed Wednesday by President Jair Bolsonaro (Liberal Party, PL) are still being analyzed by banks, but a cautious tone prevails because of the delicate moment of the Brazilian economy. With the creation of […]
With the acquisition, the company’s chain in Brazil will have about 60 stores 08/08/2022 Agtech giant Syngenta announced Friday the acquisition of the input retailer chain Agro Jangada, headquartered in the state of Mato Grosso do Sul. With the acquisition, the seed and pesticide manufacturer controlled by Chinese capital will expand operations in regions it […]
CTG Brasil, controlled by Chinese company, questions change in firm energy of its plants; R$500m have already been charged from consumer 08/05/2022 CTG’s hydroelectric plant in Rosana — Foto: Henrique Manreza/Divulgação A legal imbroglio in the power industry may open precedents for a multi-million hole in the consumers’ electricity bills. The hydroelectric plants of CTG […]
Assessment that key rate Selic will stay at 13.75% prevails, sustains rally of risk assets 08/05/2022 Benchmark stock index Ibovespa showed a firm rise on Thursday — Foto: Silvia Zamboni/Valor A clearer signal from the Central Bank’s Monetary Policy Committee (Copom) about the end of the cycle of Selic hikes was all it took for […]