Brazilian sugar and ethanol producer Raizen BMFBOVESPA:RAIZ4 is set to continue reducing its sugarcane crushing capacity through divestments, as the firm seeks its "optimal size," Chief Executive Nelson Gomes said on Tuesday.

Gomes said in a call with analysts, after the firm nearly tripled its net loss for the final quarter of the 2025/26 crop, that Raizen has already sold or decommissioned nearly 20 million metric tons of crushing capacity as part of a plan to reduce debt.