The Sugar Energy Sector
Odebrecht Agroindustrial operates in the sugar-energy sector which, according to data collected by the Sugarcane Industry Union (Unica), includes some 430 companies producing ethanol, electricity and sugar in Brazil, and 70 thousand cane growers. Revenues for the sector amounted to US$36 billion from the 2012-2013 crop. Sugar production accounted for 53% of total revenues, and ethanol for 44%. The remaining 3% came from bioenergy generation.
Brazil is the world’s largest sugar producer, with 25% of total production and 50% of exports. It is also the second largest ethanol producer, with 25% of world production and 20% of total exports.
The use of ethanol and electricity produced from sugarcane is advantageous and helps towards the social and economic development of Brazil. Today sugarcane is second only to oil as a source of electricity in the country.
Over the next few years, the consumption of biofuels such as ethanol is expected to grow, so at the meet the goals for reducing greenhouse gases which have been set worldwide, because of climate change.