Tag: Copersucar

Copersucar sees E15 in the US boosting ethanol demand by 50%

Copersucar sees E15 in the US boosting ethanol demand by 50%

June 17, 2019 |

In Brazil, Reuters reports that Copersucar believes US ethanol demand will increase by 50% once year-round E15 is fully implemented with significant import demand ramping up over the next two to three years. The company’s subsidiary EcoEnergy imports Brazilian ethanol in the US and exports US ethanol to Brazil when arbitrage opportunities allow, with a […]

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Copersucar boosting ethanol production despite smaller cane crush

Copersucar boosting ethanol production despite smaller cane crush

June 18, 2018 |

In Brazil, Reuters reports that Copersucar will boost its ethanol production to 4.5 billion liters this season, up from 4.3 billion liters last year. That’s from a 3% smaller anticipated cane crush of 83 million metric tons. Currently, ethanol gives the equivalent of 16 cents per pound of sugar compared to raw sugar prices sold […]

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Copersucar sees 2018/19 ethanol production at 27.5 billion liters

Copersucar sees 2018/19 ethanol production at 27.5 billion liters

March 19, 2018 |

In Brazil, Copersucar expects ethanol production to reach 27.5 billion liters in the season starting April 1, 5.4% more than the year prior, with a total of 585 million metric tons of cane crushed during the April 2018-March 2019 period. The crush estimate is 10 million tons lower than this past year’s season. Datagro, on […]

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BP Biofuels and Copersucar launch 50/50 JV to own and operate ethanol terminal

BP Biofuels and Copersucar launch 50/50 JV to own and operate ethanol terminal

November 30, 2017 |

In Brazil, BP Biofuels and Copersucar announced that they have agreed to form a joint venture to own and operate a major ethanol storage terminal in Brazil, better and flexibly connecting ethanol production with the country’s main fuels markets. The 50/50 joint venture will own and operate the Terminal Copersucar de Etanol in Paulínia in […]

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Copersucar sees Brazilian sugar mills producing 1 billion extra liters of ethanol next year

Copersucar sees Brazilian sugar mills producing 1 billion extra liters of ethanol next year

November 6, 2017 |

In Brazil, Copersucar expects sugar mills to continue their focus on ethanol production over sugar in the next center-south sugarcane harvest set to kick off in April. The company’s CEO says with the same amount of cane likely to be crushed next year as this year, it could account for an extra 1 billion liters […]

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Copersucar sees ethanol demand jumping if gasoline price cap lifted

Copersucar sees ethanol demand jumping if gasoline price cap lifted

July 21, 2014 |

In Brazil, Copersucar says that ethanol demand could jump by 2.11 billion gallons a year if the government eliminated the price cap on gasoline. Analysts estimate Petrobras is discounting gasoline prices by up to 15% compared to international prices. Boosting the ethanol blend in gasoline to 27.5% from the current 25% would increase demand by […]

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Copersucar’s tie-up with Cargill won’t include ethanol business

Copersucar’s tie-up with Cargill won’t include ethanol business

March 27, 2014 |

In Switzerland, Copersucar and Cargill announced today an agreement to combine their global sugar trading activities into a new joint venture that will originate, commercialize and trade raw and white sugar. The joint venture, in which both Copersucar and Cargill will own a 50-percent stake, will have a global footprint. Both companies’ ethanol businesses and […]

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Copersucar to recieve $217M loan for ethanol storage

Copersucar to recieve $217M loan for ethanol storage

September 9, 2013 |

In Brazil, Copersucar will receive a USD$217.7 million loan from state development lender Banco Nacional de Desenvolvimento Economico e Social for storage of renewable fuel. Several banks will distribute the funds, furnished through BNDES’s PASS credit line. The terms of the loan are thusfar undisclosed. More on the story.

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Brazilian ethanol competitive with gasoline, will stimulate demand

Brazilian ethanol competitive with gasoline, will stimulate demand

July 8, 2013 |

In Brazil, ethanol demands are expected to rise as the current price of ethanol is more attractive at the pump than gasoline, according to Copersucar SA. Ethanol prices are 62 to 63% of gasoline, making filling up with ethanol more advantageous than with gasoline. “If the current parity is maintained, we start to stimulate demand,” […]

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Eco-Energy raises $25m through equity offering

Eco-Energy raises $25m through equity offering

January 13, 2013 |

In Colorado, Eco-Energy has raised $25m through an equity offering after Copersucar agreed in November to acquire a majority stake in the company. Eco-Energy is currently focusing on infrastructure expansion as Copersucar attempts to increase its ethanol exports to Europe. This announcement comes after the company recently announced a long-term deal between Corn Plus Ethanols […]

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