Bloomberg Markets on Sugar

“Sugar Pops” by Edward Robinson, May 2006 issue

Brazil, the largest sugar producer in the world, currently mandates that automobile fuels contain 25% of ethanol.   In 2005, half of Brazil’s 382-million-ton sugar cane harvest went into ethanol production (estimates by Datagro, a Sao Paulo-based research firm).

In the meantime, Volkswagen’s Brazilian operation is already manufacturing cars that run on pure ethanol, which costs about 20% less than gasoline…

This entry was posted in Business. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>