Among its main shareholders are BNDESPar, the investment arm of Brazil’s development bank, Copersucar, the world’s largest sugar merchant, and Raízen, a joint venture between Cosan SA Indústria e Comércio and Royal Dutch Shell Plc.
José Roberto Gomes: 2 MARCH 2018
PIRACICABA, Brazil, March 2 (Reuters) – Brazilian sugar mills looking to grow the world’s first variety of genetically modified (GM) sugarcane have planted an initial area of 400 hectares (988 acres), according to the research firm behind the project.
Developed by Centro de Tecnologia Canavieira (CTC) with Bt (Bacillus thuringiensis) genes that make it resistant to the cane borer, around 100 mills are working with the GM cane, company Chief Executive Gustavo Leite told Reuters.