Double your investment in a few months with the fuelwood more big Latin America 24 July 2009 by Paola Pecora addition of leadership in agroenergy in Latin America, this company is, at global level, the third producer of sugar, the fifth-largest producer of ethanol, the largest producer of electric power with use of sugar cane and one of the largest exporters of ethanol. In March 2009, it merged with the agroenergy Novamerica, one of the leaders in the Brazilian market of sugar, passing well to operate 23 plants, with a total annual of about 60 million tons of sugar cane milling capacity, which represents 10% of the Brazilian market. His name is Cosan (BVSP:CSAN3, NYSE:CZZ), and is the largest producer of sugar and ethanol in Brazil. The Brazilian Minister of mines and energy, Edison Lobao said that the country will increase its production of ethanol by 150% to 64,000 million liters to 2017, thus transforming in the World’s leading exporter of ethanol, which today holds United States. In 2017, Brazil intend to export 8 billion liters of ethanol, against 5 billion in 2008, consolidating itself as the largest exporter of ethanol in the world. Brazil is the world’s largest producer of sugar, with 31.6 million tonnes in 2007/08, followed by India with 23 million tonnes. Brazil exports more than it consumes, 55% of its production is derived from the international market.
The participation of Brazil in the international market was 45% in 2007/08. As for ethanol, the Brazilian production comes up with the increase in the manufacture of vehicles driven by biofuels, which already account for 90% of the cars sold in the country, according to ANFAVEA. Brazil has a population of 200 million people. Sew estimates that its production of ethanol will be in 2.3 billion liters in 2009. According to Marinho Lutz, Vice President commercial and logistics of the company: we have a great potential of stocks and logistics capacity to meet the growing market demand and further increase our participation.