About Gelcy Bueno

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Entries by Gelcy Bueno

Paper Excellence hires former São Paulo governor as “advisor”

Company has been fighting legal dispute with partner J&F for control of pulp producer Eldorado 10/18/2022 Paper Excellence has been fighting a legal dispute with partner J&F Investimentos for the control of pulp producer Eldorado — Foto: Divulgação After having called the former president Michel Temer (Brazilian Democratic Movement (MDB) to advise it legally, Paper […]

Solar generation grows in Brazil driven by tax break

Data show that there are 1.67 million consumer units of power generated by their own photovoltaic systems 10/18/2022 Silvio Inada — Foto: Silvia Zamboni/Valor In November 2021, when the water scarcity flag weighed on electricity bills and contributed to raising double-digit inflation, shop owner Silvio Inada was experiencing a different situation. Newly installed photovoltaic panels […]

Brazil’s supremacy in sugar is growing

The country may account for more than half of exports in the 2022/23 global season 10/17/2022 Sugar production in Europe; Brazil is expected to export 30 million tonnes of the product in 2022/23 season — Foto: Dario Pignatelli/Bloomberg Brazil is expected to continue to dominate the sugar market in this global season 2022/23, which tends […]

Central Bank reinforces cautious tone about inflation

In private meetings with investors in Washington, policymakers emphasized commitment to goals 10/17/2022 With the monetary tightening cycle over and the Selic benchmark interest rate at 13.75%, the Central Bank tried to demonstrate a vigilant attitude with the conduct of monetary policy in private meetings between directors and investors in Washington, in the scope of […]

AVB bets on energy to expand in green steel

Company has become Brazil’s first carbon-neutral steelmaker 10/17/2022 Silvia Nascimento — Foto: Silvia Zamboni/Valor At a time when there is a global race for decarbonization in the steel industry, the largest emitter of carbon dioxide in the industrial sector, Aço Verde do Brasil (AVB), a small long steel mill in Açailândia, Maranhão, has already overcome […]

Price of international freight seen as top problem faced by exporters

In addition to logistics costs, exporters are impacted by the high volatility of the foreign exchange rate, the growth of global trade barriers and the “Brazil cost” 10/17/2022 The rise in fuel prices and the disruption of global transport chains have put the price of international freight at the top of the problems faced by […]

Boehringer Ingelheim expands investment in Brazil

Company to invest R$56.2m in Paulínia unit until the end of the year 10/14/2022 Xavier Andivia — Foto: Divulgação Boehringer Ingelheim’s Animal Health division in Brazil has been growing above the nationwide average, and in order not to lose traction the company will invest R$56.2 million by the end of the year in its plant […]

Apple fined R$100m for selling iPhone without charger in Brazil

Retailers and telcos will also be subject to sanctions if they have sold smartphones in the same conditions 10/14/2022 Apple filed a writ of mandamus asking the granting of injunction suspend the decision — Foto: Jeenah Moon/Bloomberg The 18th Civil Court of São Paulo determined on Thursday that Apple will pay a fine of R$100 […]

Change in certification of products from new forest benefits Brazil

Measure also increases competition with inclusion of forests in Asia 13/10/2022 8:45PM  Updated 20 hours ago Brazil has close to 10 million hectares of planted forests, of which almost 5 million are FSC certified — Foto: Divulgação After 11 years of negotiations, the Forest Stewardship Council (FSC) approved Thursday the possibility of including new forests in […]