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Kingston.– A Brazilian renewable energy company expects to buy the struggling Sugar Company of Jamaica to boost its ethanol production, according to Jamaica's agricultural minister. 

Minister Christopher Tufton says Infinity Bio-Energy will take over in September. Jamaica will retain a 25 percent share in the company for three years. The sale amount is still unknown.

Jamaica´s Prime Minister Bruce Golding said Friday that the company's six factories have lost a total of US$283 million since Jamaica bought them in 1998. Almost 13,000 workers will be let go.

It is the second major investment that Infinity Bio-Energy has made in the Caribbean. It agreed last year to spend more than US$200 million to produce ethanol by 2009 with Dominican Republic's Bioetanol Boca Chica SA.

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26 comment(s)
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Written by: gouletcolonial, 1 Jul 2008 10:37 AM
From: Canada
do the jamaicans have to buy Brazilian airplanes ? sooner or later we are gonna get them wether we like it or not
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Written by: BLANCO, 1 Jul 2008 11:56 AM
From: Dominican Republic
at least theya re not taking food of the table to produce anternate fuel
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Written by: dreadlocks, 1 Jul 2008 12:29 PM
From: United States
infinity bio energy..hmmm... i wonder if they are going to get their balance sheets into the black any time soon. they have been known to make some pretty dodgy investments, leading to multi million dollar losses.
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Written by: gouletcolonial, 1 Jul 2008 1:15 PM
From: Canada
tell the public the meaning of dodgy dread ....is that in the ball park of dicey or dubious ?
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Written by: dreadlocks, 2 Jul 2008 11:54 AM
From: United States
both.
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Written by: pappabowie, 2 Jul 2008 6:33 PM
From: Afghanistan, BAF
Oil palm...The leaves and kernals can be uaes to produce both paper and animal fodder after the oil is extracted for biofuel 650 gallons per us acre or roughly 108 gallons per terraia ....ethanol is a farce...This could drive up the price of rum then the DR will surely have a riot on its hands :)
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Written by: gouletcolonial, 2 Jul 2008 10:17 PM
From: Canada
yo ho ho
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Written by: lovingit, 3 Jul 2008 2:11 PM
From: United States, Delaware
Who is going to cut the sugar cane in Jamaica?

I hear that Jamaicans do not really take intensive labor very well
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Written by: pappabowie, 3 Jul 2008 2:37 PM
From: Afghanistan, BAF
Well, just pay them in weed....in direct coorelation to the ammount of cain cut, that's called motivation :)-
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Written by: dreadlocks, 4 Jul 2008 12:47 PM
From: United States
lovingit, can you explain what you mean by intensive labor, as it pertains to individuals? do you mean manual labor? if this is the case, can you name me some of the ethnicities of the world who take to ¨intensive labor¨? can you also name some sources of your findings regarding people who do not take to intensive labor. i hope you are seeing where i am headed with this. it is a little bothersome to hear people making remarks like these without substantiation. these are the same people who say that the construction industry in the dr is overpopulated by haitians, because dominicans are ¨lazy¨.adults have to try to discourse at a higher intellectual level. pappabowie i give a pass for his remarks, because he has probably been the victim of one too many INCOMING!!
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Written by: dreadlocks, 4 Jul 2008 12:54 PM
From: United States
you see, lovingit, i am just a little tired of sitting in groups of foreigners in this country who never miss an opportunity to fulminate upon the ¨laziness of dominicans¨. yet, whenever i pass any of the gazillion construction sites, i scarcely see any caucasians swinging pickaxes with aplomb and alacrity. they are usually the ones hovering nearby, reading the plans and sipping a beverage in the front seat of the SUV. i guess we will be hearing that they are doing this because dominicans cannot read plans!!jeezus.
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Written by: gouletcolonial, 4 Jul 2008 1:02 PM
From: Canada
dread he said Jamaicans I did not know that was a specific race nor did I know Dominicans were a race when I hear statesiders refer to Puerto Ricans like they are a race I correct them like wise statesiders and Dominicans I correct them .....you should do the same unless you think Jamaicans are a race
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Written by: dreadlocks, 4 Jul 2008 1:16 PM
From: United States
if you read my post carefully you will see where i used the word ethnicity Goulet, i did it for a reason. i hoped it would have clarified my position and not elicited pesky responses such as yours. i guess nothing works when people fail to comprehend a passage of writing.
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Written by: gouletcolonial, 4 Jul 2008 2:07 PM
From: Canada
Sorry I guess I was thinking what you probably meant
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Written by: dreadlocks, 5 Jul 2008 11:57 AM
From: United States
actually, Goulet, i am more inclined to believe that you were not thinking at all, which would be more in keeping with your proclivities. i , however, find it remarkable that as the self appointed scold on ethics, you only seem to excoriate people who criticise the United States. people can come on this forum and call Haitians backward and uncivilised, Dominicans lazy and uneducated, bash Canadians , bash the british and the Queen, call the lesser british islands ¨sandbars¨, call their government officials ¨caricom flunkies¨, say jamaicans are antithetical to work, but can be stimulated by copious gifts of marijuana, and all manner of other idiocies. you give all these people a pass, sometimes agreeing with them. but when people such as myself observe that the USA has 5% of the world´s population, and consumes 25% of the wealth, you fly into paroxysms of rage and suggest i ¨give back my green card¨. firstly, you incessant bore, i am a citizen of the USA. secondly, who appointed
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Written by: dreadlocks, 5 Jul 2008 12:01 PM
From: United States
you guardian of america, giving you the right to suggest who can stay and who should go? you are no more american than the man in the moon. as a poster once observed of you¨you are everything that is wrong with the planet¨!! some people are above criticism because they occupy a loftier perch in the human pecking order than others. no wonder the earth is such a mess! because types like yourself believe there is a heirarchy of mankind, and some people are more important than, and ,consequently better than, others. i believe the word is ¨supremacist¨.
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Written by: gouletcolonial, 5 Jul 2008 1:11 PM
From: Canada
so many words so little said ditto with the old domino
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Written by: gouletcolonial, 5 Jul 2008 1:12 PM
From: Canada
he huffs he puffs he blows
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Written by: pappabowie, 5 Jul 2008 1:17 PM
From: Afghanistan, BAF
Now now , You cant' give them 'copius' ammounts of marijuana, they wouldn't show up the next day...One has to ration it out a dime at a time as to facilitate a somewhat reliable behaivior pattern ...
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Written by: dreadlocks, 5 Jul 2008 5:44 PM
From: United States
pappabowie, i know that somewhere in your soul you are not a mean spirited, devious, dishonest, underhanded, miserable specimen of humanity. sometimes i realise you are posting some of your insights to elicit shock. Goulet, on the other hand, is a malicious and vindictive soul, with no redeeming virtues. his favorite trick is to distort and misrepresent , like the old propagandists. with you i can have a laugh or two; Goulet is without virtue.
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Written by: gouletcolonial, 5 Jul 2008 7:10 PM
From: Canada
Puff n Stuff you are to kind...thank you for your kind words as usual...your style in inimitable
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Written by: pappabowie, 5 Jul 2008 9:26 PM
From: Afghanistan, BAF
Boys, Boys ...play nice :)
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Written by: lovingit, 6 Jul 2008 2:30 AM
From: United States, Delaware
If you want proofs of what I said simply ask any sailor or captain of a cargo ship or boat that has ever docked in Jamaica. You could also ask latchers here in the US of the stories they get from the same sailors about docking in Jamaica. Latchers are suppose to do the work of untying the metal rods the containers have so that the crane could grab them. The sailors say that every time they dock in Jamaica, the workers at the docs are so slow, that they have to put their life at risk and do the job the latchers are suppose to do because if not, the ship gets fined for staying docked longer. Go to the ports of Norther NJ, Brooklyn, Baltimore and Philladelphia and as about this to confirm. Dread, perhaps "Intensive Labor" was not the right word, but perhaps I should have said that they are not very "Productive" I have not been to Jamaica myself, but even people that I know that have gone as tourist, say that if you want dinner by 8 get to the restaurant by 5.
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Written by: dreadlocks, 7 Jul 2008 11:41 AM
From: United States
have you ever been anywhere, lovingit? i mean besides wilmington, perhaps/ do you have a passport? i ask you these questions because i have travelled a bit, and , in all the caribbean territories, the speed at which people function is not the same as it is in the USA. if you look at latin american societies, in many of them, everything closes at 12 noon and reopens at 2pm. people do not operate at warp speed. that is why, in the DR, we have a manana mentality. in jamaica, they move slowly. in the bahamas, the same. but to come on the forum and regale us with some second hand anecdotes from some of your associates, which is intended to cast aspersions upon the industry of others, is beyond shameful. i watch haitians trying to cut pipes with 1950s hack saw blades. yet someone like you will compare their speed and efficiency to some guy in delaware who is doing the same task with a multi-thousand dollar sawzall. man, these haitians are lazy and slow, you will opine!!
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Written by: dreadlocks, 7 Jul 2008 11:50 AM
From: United States
Mr Lautaro, maybe you or someone else with a formidable understanding of the culture and history of the DR could explain the 2 hour hiatus between 12-2pm. having read lovingit's assessment of the work habits of others, i am a little tired of people who postulate that it is an indicator of the laziness of latin americans. and you , lovingit, if i am unapologetically a student of data and statistics. Gouletcolonial finds it a bad habit, but i have others. can you explain how it is that a people who you characterise as being terminally lazy could have the second highest per capita income of all immigrant groups in the USA, bested only by indians?
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Written by: gouletcolonial, 7 Jul 2008 12:06 PM
From: Canada
Tsk Tsk must be data from Caricom flunky
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