The Agroindustrial Cooperative of the State of Rio de Janeiro (Coagro) Is Resuming the Sugar and Ethanol Production Chain in Campos dos Goytacazes, Northern Fluminense Region

With A Larger Harvest Expected This Year, The Company Expects Revenue To Increase And Is Renovating A Second Factory To Start Operations In August In The Production Of Sugar And Ethanol.

See What The Cooperative Says About The Production Of Sugar And Ethanol. Due To A Good Rainy Season This Summer, 900 Thousand Tons Of Sugarcane Are Expected To Be Crushed This Year, Up From 834 Thousand Tons In The Previous Season. Sales Are Expected To Reach R$ 300 Million, Said The Cooperative’s President, Frederico Paes.

However, The Proportion Of Sugarcane Processed Into Raw Sugar And Ethanol Has Changed. “We Are Concerned About The Government’s Fuel Pricing Policy. The Reduction Of ICMS In 2022 Made Ethanol Less Competitive. Internationally, Sugar Prices Are Rising,” He Explained. “As A Result, We Will Produce 1 Million Sacks Of Sugar (50 Kg Each), Double What We Produced Last Year, And 25 Million Liters Of Ethanol, Half Of What We Will Produce In 2022.”

Meet The Sugar And Ethanol Production Cooperative

Coagro Has 10,000 Registered Members, Of Which 3,000 Are Active; It Is A Small Producer In The Region. Today, The Cooperative Has A Factory Called Sapucaia That Can Process Up To 1.5 Million Tons Of Sugarcane. After Bankruptcy, The Unit Was Leased By Coagro In 2015 For 30 Years.

Now, The Cooperative Has Concluded A 15-Year Lease On Another Closed Mill, Paraíso, Which Can Process Up To 800 Thousand Tons Of Sugarcane, Creating 1,500 Jobs During The Harvest. “We Are Investing R$ 43 Million In Renovating Paraíso, Which Will Benefit Producers In The Baixada Campista,” It Reported.

Cooperative Entrepreneurship

In The Face Of A Economic Crisis, Cooperative Entrepreneurship Continued To Grow. By The End Of 2022, The State Of Rio Had 423 Cooperatives In Eight Different Sectors, Ranging From The Production Of Goods And Services To Health And Credit. They Gather 340 Thousand Members, 16% More Than The Previous Year, With Revenue Of R$ 11.4 Billion, According To Data From The Yearbook Organized By The Brazilian Cooperative Organization And Union In Rio De Janeiro (OCB-RJ).

Abdul Nasser, Director Of Sescoop-RJ, Which Is Part Of The Education Sector And System S, Explains That The Surge Comes From The Shrinking Job Market. “If Employment Is Low, People Have To Accept It. It Requires Skills, Knowledge, And Resources To Do It Alone. Or To Have Others Do It Together, Which Makes Business Possible And Transforms The Economy,” He Reported.

In The State Of Rio De Janeiro, For Example, 15 Of The 17 Educational Cooperatives Were Born Out Of Meetings Of Teachers From Failed Schools, He Said. The Teachers Negotiated Labor Credits To Take Over The Units. “We Have Free Training. For Those Who Want To Move Forward, We Provide Guidance, A Step-By-Step To Determine The Viability Of The Business, Create Collaborations, And Plan,” He Said.