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EN
Brazil expands soybean crushing capacity on strong biofuel demand
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World Energy News
The investment would increase the processing capacity of the country by 8% or approximately 6 million metric tonnes per year, in a sector that is dominated by Bunge, ADM and Cargill.
Abiove reports that companies are committed in increasing their processing capacity to produce biodiesel.
He said: "The increase in capacity installed demonstrates the industry’s dynamism, and its strategic importance for the Brazilian economy."
($1 = 5.3174 reais) (Reporting by Roberto Samora; Writing by Ana Mano; Editing and Kirby Donovan) ($1 = 5.3174 reais).
(Reporting and writing by Roberto Samora; editing by Kirby Donovan).
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