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Article: Farm cooperatives change name.
- Article from:
- South American Business Information
- Article date:
- November 4, 2002
CopyrightCOPYRIGHT 2002 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Brazil, Nov 4, 2002 (Gazeta Mercantil/SABI via COMTEX)
The Parana-based farm cooperatives are concerned about their brands, and some of them are even changing the name. There are already three groups in such process: Cocamar, Lar and Coopervale. The companies are amongst the largest players of the sector, responsible for 50% of the Parana GDP. The cooperatives might turn over R$7.8bil this year and move 70% of the soy beans and 50% of the corn produced in the state (1/4 of the Brazilian grains production). Cocamar has changed its name 15 days ago. The third largest Parana-based cooperative turned over R$515mil in 2001 and predicts R$715mil this year. In 2001, the ...