Entries by Gelcy Bueno
Embrapa, Helix launch first Brazilian transgenic corn
Technology does not have defined date to start being commercialized in Brazil 11/30/2022 Brazilian Agricultural Research Corporation (Embrapa) and Helix, a company of the Agroceres group, presented last week the cultivars of the first transgenic corn event developed entirely in Brazil from a fully national public-private partnership started in 2013. The new BTMAX comes from […]
Embraer’s waiting list for new business jets reaches 2.5 years
As Embraer’s deliveries of business jets totaled 52 units by September, plane maker is under pressure on the fourth quarter to meet this year’s target of 100 units 11/30/2022 Those interested in buying a new Embraer business jet currently face a waiting line of 2.5 years, as the Brazilian company’s production slots are fully booked […]
Gerdau targets renewables to move forward with decarbonization
Company will invest R$1.5bn in renewable energy to become more competitive in steel sector 11/30/2022 The announcement that Gerdau has entered into a partnership with asset-management Newave Capital (NW Capital) to purchase a 33.33% stake in Newave Energia puts the steelmaker at a new level in decarbonizing production, in addition to diversifying its business and […]
Paraná gives up on fund from farmers’ contribution
Yet, government is looking for options to fund infrastructure investments 11/29/2022 Norberto Ortigara — Foto: Ari Dias/AEN The reaction of the productive sector in Paraná has buried the state government’s project that intended to tax agribusiness to create a fund for investment in infrastructure, an area that was left unattended after the federal government lowered […]
Isa Cteep inaugurates first large-scale battery system
Project is installed at a substation in Registro, São Paulo, operated by the company 11/29/2022 Rui Chammas — Foto: Silvia Zamboni/Valor Isa Cteep has put into operation the first large-scale battery power storage system in the Brazilian transmission system. The battery project is installed at a substation in Registro, São Paulo, also operated by the […]
Brazil invests on exports of dairy products to China
Companies like CCGL want to take advantage of window to sell products to Asia’s largest economy 29/11/2022 One year after the first dairy products export to China, the Rio Grande do Sul-based cooperative CCGL received this month a visit from its Asian commercial partners. Due to market conditions — the price of the Brazilian product […]
Brazil’s free trade zone in the Amazon is generating less jobs
Subsidy is expected to reach R$30.3bn in 2023, and economists advocate gradual abandonment of the model 11/29/2022 With a drop in direct job generation in recent years, the departure of large companies from the region, and an increase in the tax cost to the federal government, the Manaus Free Trade Zone is going through one […]
Economists see GDP growth slowing down in Q3
Despite that, result propped up by services and employment is considered positive 11/28/2022 Brazil’s third-quarter GDP growth is expected to slow down to half the rate of the previous three-month period, considering the projections collected by Valor and data released by the statistics agency IBGE so far. This deceleration was already expected by economists due […]
Market regulator hopes Lula administration will tackle budget problem
Brazil’s securities market authority also needs new public hiring test, according to current and previous directors 11/28/2022 In the 20 years between the Lula administration back in 2003 and his third term in office starting in 2023, Brazil’s capital market has evolved as never. But despite several IPOs, a record number of investors, and the […]