FROM US TO CHINA, BRAZIL’S COSAN FIRMS ALLIANCES

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Brazil’s COSAN, the country’s largest individual producer of ethanol, has been establishing partnerships with companies from different parts of the globe. In 1999, it established a partnership with Britain’s Tate & Lyle, to whom it sold 10% of its port terminal. In 2002, it allied itself with France’s Tereos and Sucden, and established FBA (Franco-Brasileira de Acucar e Alcool SA – French-Brazilian Sugar and Alcohol Inc.)

In 2005, the group sought partners outside of Europe and firmed a relationship with China’s Kuok, one the globe’s most dynamic and diversified conglomerates. In 2006, COSAN closed a deal with Teas to set up a port specifically designed for shipping ethanol (Terminal de Exportacao de Alcool Santos – Santos Alcohol Shipping Terminal), in tandem with America's Cargill, the Nova America Group, and Crystalsev.

According to COSAN, the new partnerships add resources and technology, and consolidate the group’s role of world-class player in the ethanol market.

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