Indofood Agri Resources Ltd - Annual Report 2014 - page 32

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INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2014
PLANTATION REVIEW
SUGAR: OUTSIDE INDONESIA
2015 OUTLOOK
The decision to expand our sugar operations in Brazil has
enabled the Division to gain valuable insights on cane cultivation
technologies and know
-
how. In particular, we are learning from
CMAA’s mechanisation strategies, and progressively applying
advanced methodologies and deploying mechanised sugar
-
cane harvestors across our estates in Indonesia. We will be
working closely with CMAA to migrate relevant best practices
from the Bonsucro standard into our domestic operations.
We will expect global sugar prices to be strongly influenced by
production levels in Brazil and India, together with Brazilian policies
on ethanol. The Groupwill continue to evaluate potential acquisitions
or joint ventures for operational and international growth.
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