Renuka Sugars importing sugar from Brazil

by Dave

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Shree Renuka will import raw sugar from Brazil and Thailand for the refinery as local supplies may not be sufficient, Murkumbi said. The company signed a three-year agreement with Brazil’s Grupo Copersucar in 2006 to buy raw sugar.

“We are currently using locally sourced raw sugar,” Murkumbi said. “We are talking to Copersucar about future imports.”