Brazil’s sugar co-op giant, Copersucar, converts to company; Brazil’s largest producer now aims for 200 percent growth

In Brazil, the nation’s largest sugar and ethanol cooperative, Copersucar, announced that it had converted from co-op to a company and would increase production by 200 percent over the next ten years. With the conversion, Copersucar becomes the largest sugar and ethanol producing company in the country. The co-op formerly was composed of 33 sugar and ethanol mills in Sao Paulo, Parana and Minas Gerais states, and controls 5 percent of the world sugar trade. Mill owners will become shareholders in the new giant.

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