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Petrobras sells sugar, ethanol and petrochemical assets for US$587 million

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The company has eight industrial units: seven in Brazil, in the state of São Paulo (Andrade, Cruz Alta, São José, Severínia, Mandu, Tanabi and Vertente mills, the last in a joint venture with the Humus Group, which owns 50%) and one in Africa, in Mozambique (Sena mill). billion in the period 2015-2016—below the US$15.1-billion