The company plans to build a plant in Brazil
Oh. Nevermind.
The thought entered my mind that maybe they could ahve built the plant here.
The story did say they were doing everything on the cheap.
Cheap Labor, cheap tax’s, cheap sugar cane, cheap land, guess it was just too expensive to build it here.
They won’t mind selling it here though-—and it won’t be cheap.
>>> Dow Chemical is building a plant to make polyethylene from sugarcane
Cellulose pointed the way a long time ago. But oil was cheap.
>>> The company plans to build a plant in Brazil. Oh. Nevermind.
American sugar prices are artificially held to about 4 times the world rate. It’s been that way since the Cuban Embargo was put in place. That’s why sugar disappeared from colas, candies, etc.
That won’t be a problem in Brazil. Not to mention labor costs and environmental concerns.