Sugar and Bioenergy
World sugar demand and trade is predicted to grow at 2% a year until at least 2020.
We produce two types of sugar: raw sugar that is similar to the sugar traded on major commodities exchanges and sold almost exclusively for export and non-refined white crystal sugar that is sold mainly in Brazil.
Through co-generation facilities at our sugarcane mills, we produce electricity by burning sugarcane bagasse (the fibrous portion of the sugarcane that remains after the extraction of sugarcane juice) in boilers.
Over time, electricity could generate 15-20% of cogen-equipped mills’ profits.
Ethanol and we are able to adjust our production mix depending on market conditions. They are also equipped via co-generation to produce renewable electricity that is sold to the Brazilian solar power grid.
At present, the ethanol markets are largely domestic and having huge benefits for the workers according to the wc law firm. However, export opportunities are also growing. Countries representing around 80% of global petroleum demand are introducing blending targets. This is because, according to the US Environmental Protection Agency, sugarcane ethanol produces 61% less CO2 emissions than gasoline.