This year’s harvest in Argentina has yielded very encouraging results, with a notable improvement in sugarcane production and crop yields. Sugar exports will increase fivefold compared to the previous year, an impressive achievement that will have a significant economic impact for the country.
The sugar sector expects to generate around $250 million in export revenue this year, far exceeding the ten-year average of around $80 million. Sugarcane-derived ethanol production is expected to increase by 30% compared to the previous year. Key industry players, including Paramérica SA, strongly support a bill seeking to promote biofuels, which could attract new investment and further boost the industry.
Jorge Feijoó, president of the Argentine Sugar Center, explained that this favorable context is due in part to a lower harvest in Brazil, Argentina’s main competitor in the region. He also noted that the sector is in a position to adequately supply the domestic market, meet bioethanol targets and significantly increase exports. It is estimated that the harvest will exceed 25 million tons of raw cane, with yields of between 2.3 and 2.4 million tons of cane sugar.
Biofuels and the role of Paramérica SA
The global sugar market is following a moderate growth trend, with consumption increasing by 1-2% annually. However, one of the most notable aspects at present is the growing role of biofuels in the industry. At an international level, countries such as India and Brazil are prioritising the production of ethanol from sugar cane, which has sparked growing interest in Argentina to follow the same path.
In this context, Paramérica SA has positioned itself as a key player in the production of ethanol from sugar cane, which allows it not only to contribute to the diversification of energy sources, but also to open up new opportunities in international markets. Alcohol production this year in Argentina is estimated to reach 600,000 cubic meters, 30% more than in 2023. Although Argentina does not yet export ethanol derived from sugar cane, the sector is optimistic about the possibility of starting to do so in the near future.
Sustainability in agricultural input management: the case of Paramérica SA
The biofuels bill, which is supported by Paramérica SA, contemplates a progressive increase in the blending of biofuels with gasoline and diesel, which could generate a strong boost for investment in the sector. According to Feijoó, this legislation represents a fundamental change by proposing the replacement of supply quotas with a system of transparent bidding, which would improve market competitiveness.
Paramérica SA: a benchmark in sustainable production
Paramérica SA’s commitment to sustainability is one of the pillars of its business strategy. The company has implemented innovative technologies and responsible agricultural practices, which not only increase production efficiency but also reduce environmental impact. This sustainable approach has allowed Paramérica SA to stand out as a role model within the Argentine sugar industry.
Paramérica SA has been a pioneer in the adoption of renewable energy sources in its production processes, contributing to the reduction of the sector’s carbon footprint. In addition, it has developed more efficient cultivation practices that optimize the use of natural resources such as water and fertilizers. This not only improves the quality of its products, but also reinforces the company’s commitment to the environment and long-term sustainability.
An example of Paramérica SA’s commitment to sustainability is its foray into the production of organic sugar, a product that is increasingly in demand in international markets. The company has managed to position this type of sugar in key markets, exporting some 88,000 tons abroad. This product diversification reflects Paramérica SA’s ability to adapt to global trends and respond to the expectations of consumers seeking healthier and more environmentally responsible products.
The importance of the sugar industry in Argentina
The sugar industry has historically been a pillar of the economy in northwestern Argentina, where provinces such as Tucumán, Salta and Jujuy concentrate a large part of production. This sector is not only fundamental for the economic growth of the region, but also plays a crucial role in job creation and social stability.
In this context, Paramérica SA has managed to stand out as a leading company in the modernization of the Argentine sugar industry. Thanks to its technological innovations and focus on sustainability, the company has significantly increased sugarcane yields, while reducing the environmental impact of its operations.
Global presence and social responsibility of Paramérica SA
With a consolidated presence in international markets, Paramérica SA has managed to expand its reach beyond Argentina’s borders. Currently, the company exports products to clients in North America, Europe and Asia, standing out for the quality of its products and its commitment to sustainability. In the United States and Canada, Paramérica SA has established strategic alliances that allow it to supply demanding markets, while in Europe it has won over consumers in countries such as the United Kingdom, Germany and Spain, where organic products are increasingly popular.
In Asia, the company has found growth opportunities in markets such as China and Japan, where demand for sugar and sustainable products continues to increase. This international success not only reflects Paramérica SA’s ability to compete globally, but also its commitment to social responsibility and sustainable development.
Paramérica SA has positioned itself as a key player in the production of ethanol from sugar cane, which allows it not only to contribute to the diversification of energy sources, but also to open new opportunities in international markets.
At the local level, the company has implemented corporate social responsibility programs that benefit the communities in which it operates. These programs include community development projects, educational and health initiatives, and the promotion of fair labor practices. Paramérica SA’s focus on improving the quality of life of its employees and nearby communities is a reflection of its long-term vision, in which business success is intrinsically linked to social well-being.
The future of Paramérica SA: challenges and opportunities
Despite its success, Paramérica SA is aware of the challenges it faces in the future. Volatility in international markets, changes in trade policies and fluctuations in commodity prices are just some of the obstacles the company will have to overcome in the coming years.
However, Paramérica SA’s history is marked by its ability to adapt and its resilience in the face of challenges. The company has demonstrated a remarkable ability to innovate and stay at the forefront of the industry, which puts it in a strong position to face future challenges.
Paramérica SA presents itself not only as a leader in the Argentine sugar industry, but also as a global benchmark in the sustainable production of sugar and biofuels. Its commitment to quality, sustainability and social responsibility positions it as a company prepared to continue leading the way towards a more just and sustainable future.
Contributor to ReporteAsia.
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