Eco-Energy, a leading biofuel marketer and logistics company in North America, and Copersucar, the largest sugar and ethanol trader in Brazil, are pleased to announce today the internationalization of their ethanol operations with a joint investment in Eco-Energy to build and expand their integrated biofuel platform.
With this partnership, Copersucar and Eco-Energy add their global supply capacity of 2.6 billion gallons, (10 billion liters), of biofuel per year to become the largest ethanol trader in the world, with a significant presence in the two largest ethanol markets globally. This new structure creates the largest and most sophisticated biofuels platform in the world, which will help create significant efficiencies in the global supply chain as well as add value to both of the companies partner plants. The companies’ operations are very similar and complementary, focusing on the integration of world
supply-demand and logistic solutions throughout the supply chain.
With 20 years of history, Eco-Energy operates in the marketing and distribution of biofuels, with solutions including exclusive alliances with ethanol producers, logistics, and marketing services to the downstream U.S. fuel distributors. Eco-Energy currently handles 9% of the U.S. ethanol market, with annual sales of over US$ 3 billion and has strong relationships with producers and access to the most relevant markets and customers, due to an efficient operating platform, best in class resources, and focus on distribution and logistics.
The business model is very similar to that of Copersucar, a Brazilian company with 53 years of tradition in the sugar and ethanol industry. For the current season (2012-13), Copersucar will market the equivalent of 24% of the production from the sugarcane production in the Center-South region of Brazil, with a volume of 1.3 billion gallons (4.8 billion liters) of ethanol and 8.7 million tons of sugar, and revenues estimated at US$ 7.5 billion (R$ 15 billion). For the 2011/2012 season, ethanol sales accounted for 41% of the Company´s revenues. Its operations are supported by an integrated
logistics system of transport and storage, and a large scale commercialization, both in
the domestic and international markets.
“With this partnership, Copersucar becomes a truly global company in the biofuel market, expanding the scale of its operations to the two main ethanol markets in the world, which are the United States and Brazil, both in production and consumption volume”, says Luís Roberto Pogetti, Coperscucar’s Chairman. “We believe that this investment has a great potential for value creation for all, as it continues and expands operations, supported by its market expertise and strategic alliances,” adds Copersucar’s CEO, Paulo Roberto de Souza.
“We look forward to expanding globally with a partner as well respected as Copersucar. We have a similar business model and a comparable view on global biofuel growth. This partnership will help secure and build on the success of our company for years to come,” stated Larry Beckwith, Chairman of Eco-Energy. “The biofuels industry continues to evolve and expand beyond the borders of North America, and we need to constantly be working to open new markets, while also being in a position to meet the current biofuel requirements domestically under the RFS.
This partnership builds on the great platform and team we have created at Eco-Energy and opens up significant opportunity for our producer partners,” adds Eco-Energy CEO Chad Martin.
About Copersucar S/A: Incorporated in 2008, it is the largest Brazilian sugar and
ethanol trader integrated to production. Its business model, considered unique, combines production from 48 member mills and about 50 non-member units with an integrated system of logistics, transportation, storage, and commercialization on large scale in domestic and foreign markets under the Company´s responsibility and direct management.
www.copersucar.com/br
About Eco-Energy: Founded 20 years ago, Eco-Energy is an integrated bio-fuel supply chain company focused on the marketing, trading, transportation, and distribution of bio-fuels. Eco-Energy is among the largest full-service marketing companies in North America with over US$3.0 billion in sales. By leveraging EcoEnergy’s core competencies in logistics, distribution, and trading, Eco-Energy is able to provide innovative, value-added solutions for a more stable, disciplined, and
vertically integrated supply chain.
www.eco-energyinc.com
This agreement concerning the Terms and Conditions of Use of Website www.copersucar.com.br (“Terms of Use”), seeks to govern the use of the website http://www.copersucar.com.br (“website”), created by Copersucar S/A (“Copersucar”), and pertains to the use of the website in all its areas, whether open and readily accessible or those whose access is restricted.
These Terms of Use may be amended or updated unilaterally and at any time by Copersucar, whenever new resources or functionalities are added to the website or whenever Copersucar, at its sole discretion, deems necessary.
The amendments to the Terms of Use will become effective on the date on which they are published on the website, and Copersucar shall post and maintain, at the top of the Terms of Use page, a notice reporting the updates made to the Terms of Use for at least 30 (thirty) days of the date on which such update is published.
When accessing the website, users, which shall be construed as any individual or legal entity accessing or using the website via any means (“User”), agrees to and accepts the terms of these Terms of Use.
Users who do not agree to these Terms of Use should not use the website.
Since these Terms of Use may be updated, Users should review these Terms of Use periodically. The use of the website after any eventual update to these Terms of Use shall be deemed to be acceptance of the updated Terms of Use by Users.
All content of the website is offered to people aged 18 (eighteen) or older or to minors authorized by their parents or guardians. Copersucar reserves the right to assume that website Users meet the requirements above.
Copersucar may change the format and contents of the entire website at any time, as well as discontinue its operation and restrict or terminate access to the website at any time, regardless of prior notice to Users.
The content of the website, including text, images, sound, software, and codes that compose and operate this website, is protected by copyright and/or other intellectual property rights of Copersucar or licensed to Copersucar by their rightful owners.
Likewise, all trademarks or service trademarks included on the site are property of Copersucar or have been licensed to Copersucar by their rightful owners for use on this website.
Copy, distribution, or change, in any form, of the contents of this website or the use of the material contained on the website in any way other than presented therein is strictly forbidden. Moreover, the removal of any identification pertaining to copyright, trademarks, or intellectual property contained on the website is strictly forbidden.
The use of any of the brands displayed on the website must have express prior written consent of Copersucar or of the owner of such trademark.
The website may contain links to third-party websites and Copersucar shall not be held liable for any analysis, assessment, or content of such third-party websites, and Users shall be responsible for evaluating browsing and content of each such websites exclusively.
The protection of Users’ personal information when using this website is set out in Copersucar’s Privacy Policy , which is part of and incorporated into these Terms of Use.
Users are solely liable for the use they make of all contents, products and services made available through the website.
Copersucar hereby attests that the information on the website is generic in nature and should not be taken separately as basis of decision-making.
Copersucar uses its best efforts so that the content of the information on the website is accurate and corresponds to reality at the moment it is published on the website; nevertheless, Copersucar makes no claims to Users concerning its accuracy.
Under no circumstances shall Copersucar, its affiliates, directors, or services providers be held liable for indirect, incidental or consequential damages or loss of revenue arising out of the use of the website, of information published on the website, or of the impossibility of access to the website.
Any eventual compensation, limited to the duly substantiated direct damages, shall only be owed whenever the damage caused by Copersucar to Users is duly substantiated, and any eventual exceptions are not set forth in these Terms of Use.
Failure to exercise or enforce any rights or provision of these Terms of Use shall not constitute a waiver of such right or provision, unless such waiver is made in writing by Copersucar’s legal representatives.
Should any provision of these Terms of Use be considered, by the competent court, to be unlawful, such provisions shall be amended and construed so as to meet the objectives of the original provision, to the extent possible and to the full extent of the law, and all other provisions of these Terms of Use shall remain in full force and effect.
These Terms of Use are governed by Brazilian law and any inconsistencies or conflicts not solved out of court shall be settled in the jurisdiction and venue of any court of the city of São Paulo/SP, to the exclusion of all others, regardless how privileged.
All questions concerning these Terms of Use should be sent to the email comunicacao@copersucar.com.br.
This Privacy Policy (“Privacy Policy”) aims to describe how we protect the privacy of Users, which shall be construed to mean any individual or legal entity accessing or using the website, via any means, when visiting Copersucar S/A’s website.
This Privacy Policy sets out which types of User information are collected and controlled when the website is accessed and how this information is shared.
This Privacy Policy may be amended or updated unilaterally and at any time by Copersucar, whenever new resources or functionalities are added to the website or whenever Copersucar, at its sole discretion, deems necessary.
The amendments to the Privacy Policy will become effective on the date on which they are published on the website, and Copersucar shall post and maintain, at the top of the Privacy Policy page, a notice reporting the updates made to the Privacy Policy for at least 30 (thirty) days of the date on which such update is published.
This Privacy Policy governs the “User information” collected on our website.
Considering that our website is freely accessible, except for areas requiring User registration, information like names or emails of Users are not collected, however, information regarding IP of the computer, location, time, time spent on the website, and device or browser used are collected.
Although the website does not collect personally identifiable information, whenever Users access the website via search engines or third-party websites, it is possible that information such as name, gender, age group, and other personal information are received by the website.
The website only collects the personal information that you willingly provide (using the mouse and the keyboard) when using our website. The information collected depends on how you use our website.
By accessing the website, Users agree to and accept the terms of this Privacy Policy.
If Users do not agree to the terms of this Privacy Policy, they should not use the website.
Since this Privacy Policy may be updated, Users should review this Privacy Policy periodically. The use of the website after any eventual update to the Privacy Policy shall be deemed to be acceptance of the updated Privacy Policy by Users.
Whenever necessary, this Privacy Policy may be supplemented or changed through specific “Privacy Notices,” which will contain details concerning the personal information collected on given pages of the website and it will be used.
When accessing login- and password-protected website pages, specific data may be requested or it may be necessary to agree to special terms, which will supplement or change this Privacy Policy with respect to issues governed by the special conditions.
Users should be aware that, whenever using the “Trabalhe Conosco” (Work with Us) tool, they will be redirected to a third-party website, a partner of Copersucar’s Human Resources Department, and that, by entering personal details, such as their name, address, e-mail, and work experience, among others, they will be entering information outside Copersucar’s website and, therefore, such data will be governed by the privacy policy of the partner’s website, thus, Users should review the privacy policy of the partner’s website and only complete their profile if they agree to such policy.
Personal information shall only be used (i) in the delivery of products, services, or information requested from Copersucar, (ii) for security, credit check, or fraud prevention purposes, (iii) for a better understanding of Users’ needs and interests, and (iv) to improve website content, functionalities, and usability.
To whom will we disclose private information?
We may share the personal information collected on our website (i) with services providers rendering support services to the Copersucar website; (ii) within Copersucar and other companies of the Group; (iii) whenever, in good faith, Copersucar deems the disclosure appropriate in order to comply with laws, court orders, or summons; (iv) so as to prevent or investigate potential crimes, such as fraud or identity theft; or (v) in order to protect Copersucar’s right and security of other Users.
Although all reasonable and commercially accepted security measures are in place to protect the confidentiality, integrity, and security of Users’ personal information, Copersucar does not guarantee the security of such information. Hence, we urge Users to adopt the precautionary measures required to ensure the confidentiality of their personal information when using the website and the Internet as a whole.
Users are responsible for maintaining the confidentiality of their passwords and logins.
We have the right to assume that anyone accessing our website with the login and password assigned to a given User has the right to do so. Users are fully responsible for the activities of anyone accessing the website using the password assigned to the Users, even when such person was not actually authorized by the Users. Whenever Users believe their passwords are being used without their authorization, they should change it promptly.
The website contains links to third-party websites, operated by other companies. Hence, Users should be aware that this Privacy Policy does not apply to third-party websites and that Users must review the Privacy Policy of such websites.
All content of the website is offered to people aged 18 (eighteen) or older or to minors authorized by their parents or guardians. Copersucar reserves the right to assume that website Users meet the requirements above.
All questions concerning this Privacy Policy should be sent to email comunicacao@copersucar.com.br.