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Murray News

High interest rates make investment unviable, Ometto says

Cosan’s owner says restructuring process at Raízen, the company’s joint venture with Shell, is underway to reduce debt 05/30/2025  Rubens Ometto Silveira Mello, founder of the Cosan group, said the restructuring process at Raízen, the company’s joint venture with Shell, is underway to reduce debt, and results should become visible in the coming months. The […]

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30 de May de 2025/by Gelcy Bueno
Murray News

Lower House speaker offers fiscal plan to avoid IOF tax hike

Ten-day deadline set as Congress leans toward overturning financial tax presidential decree       05/30/2025  Amid threats from Congress to overturn the presidential decree raising the Financial Transactions Tax (IOF), Lower House Speaker Hugo Motta (Republicans Party) gave the federal government a ten-day deadline on Thursday (29) to present an alternative proposal. Mr. Motta […]

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30 de May de 2025/by Gelcy Bueno
Murray News

Stronger ethanol market drives Evolua back to profitability

Joint venture of Copersucar and Vibra boosts earnings on better price curve, 18% rise in demand, and plans to expand supply base       05/28/2025 Driven by strong demand for hydrous ethanol—the type that competes directly with gasoline—and a more predictable price curve throughout the 2024/25 harvest, Evolua Etanol closed the season in the […]

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28 de May de 2025/by Gelcy Bueno
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