Brazilian analyst says ethanol production will double, industry will shrink from 200 to 30 competitors by 2015

In Brazil, analyst Julio Maria Borges has projected that Brazilian sugar cane output will double by 2015, but the industry will consolidate from 200 producers to 30, as producers vertically integrate their business and place more emphasis on acquiring distribution for ethanol. Cosan, which recently acquired 1500 ExxonMobil stations in Brazil and has reached 36 million tonnes of cane production, was cited as an example of the trend towards consolidation.

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