Brazil Copersucar to buy US Eco-Energy ethanol trading firm

05 November 2012 18:38  [Source: ICIS news]

CAMPINAS, Brazil (ICIS)--Copersucar plans to acquire US-based Eco-Energy to become the world's largest ethanol trader, the Brazil-based company said on Monday.

Details of the deal were not disclosed.

US Eco-Energy has a 9% market share in the US.

With the deal, both companies will account for a 12% global market share in the ethanol segment, Copersucar said.

Altogether, both companies will have a global supply capacity of 10bn litres/year, Copersucar said.

The deal is pending approval from US regulators.

By: Leo Siqueira
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