Industry / Brazil
Jamaican Ethanol Industry Looks Set For Boom
June 2008 | Industry NewsBrazilian biofuel firm Infinity Bio-Energy is expected to emerge as the new owner of Jamaica's state-owned sugar business after winning a public tender. The Sugar Company of Jamaica (SCJ) was put up for sale after amassing debts of around JMD16bn (US$220mn) and posting losses of JMD3.5bn (US$49mn) in the past two years.
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