The company, one of the main agricultural producers in Brazil, had 54.9% of gross revenues of US$ 185.3 million, connected to exports last year.
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The funds should be spent up until 2013 on ethanol and biodiesel production.
Reinhold Stephanes received his Sudanese counterpart, Al-Zubair Taha, and suggested a Brazilian mission for market prospecting in the African country. They signed a technical cooperation agreement.
The country now participates in the United Nations Food and Agriculture Organisation’s agreement, which forecasts responsible fishery in high seas.
The Brazilian company produces petrol with a mixture of 3% ethanol in the country. It is the first step to sell ethanol on the Asian market.
The Brazilian market imported 5,800 tonnes of sardines from Morocco in January this year. The Arab country produced one million tonnes of fisheries last year.
The Sudanese minister of Agriculture, Al-Zubair Taha, should meet today with his Brazilian colleague, Reinhold Stephanes, for the signing of a protocol of understanding in the phytosanitary area.
The Brazilian Agricultural Research Corporation (Embrapa) is researching the cultivation of pears and apples in the northeastern Brazilian drylands. Cultivation should reach 30,000 hectares this year.
Producers from the state of Minas Gerais are going to harvest 7,000 tonnes of castor seeds for use at a Petrobras biodiesel mill. The project guarantees additional income to agricultural producers.
Last year, eight Arab nations purchased, for the first time, from agricultural cooperatives in Paraná. In 2008, sector foreign sales to 114 nations reached almost US$ 1.5 billion.
The concern regarding wheat supply in Brazil has generated talks about the Common Export Tariff on the product. Farmers are asking the government not to remove it.
Brazil shipped 221,000 tonnes to three Arab countries in January. In the same month last year, there were no shipments. The Saudis were the main buyers.
Dutch company Africa Juice is going to produce fruit juice in Ethiopia and for this reason came to seek new technology in Brazil. The products should be shipped to Asia through Dubai.
According to a FAO forecast, biofuels are going to absorb 5% of the global grain production this year.
