1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 9
2 Global Bioethanol Market, 2001-13 10
2.1 Global Bioethanol Market, Overview 10
2.2 Global Bioethanol Market, Size and Growth, 2001-13 10
2.3 Global Bioethanol Market, Regional Development, 2008 11
2.4 Global Bioethanol Market, Top Countries, 2008 13
3 Brazil Bioethanol Industry, 2001-13 15
3.1 Brazil Transport Market, Overview 15
3.2 Brazil Bioethanol Market, Size and Growth, 2001-13 16
3.2.1 Brazil Bioethanol Market, Share in Ethanol Production, By States, %, 2007-08 17
3.3 Brazil Bioethanol Market, Production Capacity by producers 18
4 Brazil Bioethanol Production Facilitites 20
4.1 Brazil Bioethanol Production Facilities, Top Production Facilities 20
5 Brazil Bioethanol Regulatory Framework 21
5.1 Brazil Bioethanol Regulatory Framework 21
5.1.1 Brazil Bioethanol Regulatory Framework, Overview 21
5.1.2 National Alcohol Program (PROALCOOL) 21
5.1.3 Funding for R&D 23
5.1.4 Spending of Biofuels 23
5.1.5 Role of National Development Bank of Brazil (BNDES) 25
6 Cosan S.A. Industria e Comercio, Company Snapshot 28
6.1 Key Information 28
6.2 Company Overview 28
6.3 Financial Performance 28
6.4 Industry Outlook 28
6.5 Business Description 29
6.5.1 Business Overview 29
6.6 Major Products and Services 31
6.6.1 Overview 31
6.7 History 31
6.8 SWOT Analysis 34
6.8.1 Overview 34
6.8.2 Cosan S.A. Industria e Comercio Strengths 35
6.8.3 Cosan S.A. Industria e Comercio Weaknesses 37
6.8.4 Cosan S.A. Industria e Comercio Opportunities 38
6.8.5 Cosan S.A. Industria e Comercio Threats 39
6.9 Competitors 40
6.10 Key Employees 40
6.11 Key Employee Biographies 41
6.12 Company Statement 42
6.13 Locations and Subsidiaries 44
6.13.1 Head Office 44
7 Abengoa Bioenergy, Company Overview 45
7.1 Key Information 45
7.2 Major Products and Services 45
7.2.1 Overview 45
7.3 Competitors 45
7.4 Key Employees 46
7.5 Locations and Subsidiaries 46
7.5.1 Head Office 46
7.5.2 Other Locations & Subsidiaries 46
8 Comanche Clean Energy Corporation, Company Snapshot 47
8.1 Key Information 47
8.2 Company Overview 47
8.3 Financial Performance 47
8.4 Business Description 47
8.4.1 Business Overview 47
8.5 Major Products and Services 48
8.5.1 Overview 48
8.6 History 48
8.7 SWOT Analysis 49
8.7.1 Overview 49
8.7.2 Comanche Clean Energy Corporation Strengths 50
8.7.3 Comanche Clean Energy Corporation Weaknesses 51
8.7.4 Comanche Clean Energy Corporation Opportunities 52
8.7.5 Comanche Clean Energy Corporation Threats 53
8.8 Competitors 54
8.9 Key Employees 54
8.10 Key Employee Biographies 55
8.11 Company Statement 55
8.12 Locations and Subsidiaries 57
8.12.1 Head Office 57
8.12.2 Other Locations & Subsidiaries 57
9 Tereos, Company Overview 59
9.1 Key Information 59
9.2 Major Products and Services 59
9.2.1 Overview 59
9.3 Competitors 59
9.4 Key Employees 60
9.5 Locations and Subsidiaries 60
9.5.1 Head Office 60
10 Louis Dreyfus Commodities, Company Overview 61
10.1 Key Information 61
10.2 Financial Performance 61
10.3 Major Products and Services 61
10.3.1 Overview 61
10.4 Competitors 62
10.5 Locations and Subsidiaries 62
10.5.1 Head Office 62
10.5.2 Other Locations & Subsidiaries 63
11 Brazil Major Biofuels Contracts and Agreements – Recent Development 64
11.1 Strategy and Business Planning 64
11.1.1 Feb 24, 2009: IOC, HPCL and BPCL Dismisses Ethanol Investment Plans in Brazil 64
11.1.2 Dec 15, 2008: IOC Plans to Set up Refinery in Brazil to Produce Ethanol 64
11.1.3 Nov 24, 2008: ETH Plans to Build Three New Ethanol Plants in Brazil 64
11.1.4 Nov 04, 2008: Henan Province in China to Sign Biofuel Technical Cooperation Agreement with Sao Paulo 66
11.1.5 Nov 04, 2008: ADM Plans To Enter Brazilian Ethanol Market 66
11.1.6 Jul 03, 2008: Petrobras, ConocoPhillips Signs Cooperation Agreement for Ethanol 66
11.1.7 Jul 03, 2008: Mitsui, Petrobras and Itaruma to Invest In Bio-Ethanol Production Project 67
11.1.8 May 28, 2008: BASF to Build Plant for Sodium Methylate in Brazil 67
11.1.9 Apr 28, 2008: IBI Signs Agreement with ICI Argentina for Third Biodiesel Plant in Argentina 68
11.1.10 Mar 11, 2008: Petrobras Signs Cooperation Agreement with KiOR to Develop Second-Generation Biofuel 69
11.2 Government and Public Interest 69
11.2.1 Nov 25, 2008: Malaysia Seeks Alliance with Brazil for Developing Biofuel 69
11.2.2 Nov 21, 2008: NREL and CENPES to Develop Biofuel from Cellulose 70
11.2.3 Sep 22, 2008: Kenya to Seek Brazil Expertise to Produce Ethanol 70
11.2.4 Jul 28, 2008: EU Proposes To Import 1.4 Million Tons of Ethanol from Brazil 70
11.2.5 Jul 23, 2008: IDB Lends $269 Million for Three Ethanol Plants in Brazil 71
11.2.6 Jul 13, 2008: Brazil, Indonesia Sign Bio-Ethanol Production and Technology Agreement 72
11.2.7 Jul 03, 2008: Brazil, Japan Agree To Increase Cooperation on Biofuels 73
11.2.8 Jul 01, 2008: Investments in Renewable Energy Rise, Despite Financial Market Turmoil 73
11.2.9 Jun 20, 2008: US, Brazil, EU to Create Global Standards for Ethanol 77
11.2.10 Jun 04, 2008: Brazil Likely To Start Cellulosic Ethanol Plant in Next Five Years 77
11.2.11 May 21, 2008: IDB President Highlights Latin American's and The Caribbean's Renewable Energy Initiatives 78
11.2.12 May 18, 2008: Brazil, Peru to Boost Production of Biofuel and Hydroelectric Power 80
11.2.13 May 16, 2008: Sao Paulo State in Brazil Suspends Granting Approvals for New Ethanol Plants 80
11.2.14 May 15, 2008: Brazil, Germany Sign Co-operation Agreements on Environment and Renewable Energy 81
11.2.15 May 13, 2008: 46% of Energy in Brazil Comes From Renewable Sources 81
11.2.16 May 09, 2008: Bioenergy Production Exceeds Hydroelectric Power in Brazil 82
11.2.17 May 04, 2008: Brazil to Continue Biofuel Production Inspite of Food Crisis 82
11.2.18 Apr 30, 2008: EU to Rely On Biofuels Imports for Climate Change Plan 83
11.2.19 Apr 29, 2008: Brazil Forecasts Ethanol Production For 2008 84
11.2.20 Apr 11, 2008: Netherlands, Brazil Sign Cooperation Agreement on Biofuels 84
11.2.21 Mar 27, 2008: India to Blend Ethanol with Petrol 85
11.2.22 Mar 27, 2008: Ethanol Blend In Fuel to Be Raised To 10% In India 85
11.2.23 Mar 14, 2008: Brazil May Delay 5% Biodiesel Target To 2010 85
11.3 Other Significant Developments 86
11.3.1 Mar 04, 2009: Petrobras Plans $2.8 Billion for Investment in Biofuels 86
11.3.2 Dec 23, 2008: Sojitz, Braskem Sign Long Term Contracts for Supplying Bio-Ethanol 87
11.3.3 Aug 26, 2008: Cosan to Invest $1 Billion to Construct Ethanol Pipeline in Brazil 87
11.3.4 Aug 25, 2008: Southridge Receives $7.5 Million for Ethanol Plant in Brazil 87
11.3.5 Jul 09, 2008: Brasil Ecodiesel Sues Petrobras For Biodiesel Contract 88
11.3.6 Jun 20, 2008: Petrobras to Begin Biofuel Sales in Japan 88
11.3.7 May 04, 2008: Northern Sugar to Export Ethanol to Sweden 89
11.3.8 Apr 23, 2008: Brenco Plans To Invest $1 Billion in Ethanol Pipeline 89
12 Brazil Biofuels Industry – M&A Deals and Trends 90
12.1 Brazil, Biofuel Industry Deals, Value ($ million) versus Volume, Q3 2007 – Q3 2008 90
12.2 Brazil Biofuels Industry, Top Deals, Q3 2007 – Q3 2008 91
12.3 Brazil Biofuels Industry, Transactions by Deal Type, 2007 – YTD 2008 92
13 The US Recent Biofuels Industry Events 93
13.1 Acquisition 93
13.1.1 Durmundo and Briskul Invests In Southridge Brasilia 93
13.1.2 Infinity Bio-Energy To Acquire Destilaria Guaricanga 94
13.1.3 BP Acquires 50% Stake in Tropical BioEnergia 95
13.1.4 ETH Bioenergia Acquires Usina Eldorado 96
13.2 Partnerships 97
13.2.1 Bunge Forms Joint Venture with Itochu 97
13.2.2 Archer Daniels Midland Partners With Grupo Cabrera to Form Joint Venture 98
13.2.3 Cosan Enters Into Partnership with Copersucar and Crystalsev 99
13.2.4 Toyota Tsusho to Form Partnership with Petrobras and Brazilian Sugarcane Producers 100
13.2.5 Mitsui & Co., Petroleo Brasileiro and Itaruma Participacoes Enter Into Partnership to Develop Ethanol Project 101
13.2.6 Amyris Forms Joint Venture with Crystalsev 102
13.3 Asset Transactions 103
13.3.1 Southridge Enterprises Acquires an Ethanol Plant in Brazil 103
13.3.2 Shenyang Rrzk to Acquire 20% Stake in Ethanol Plant 104
13.3.3 Cluster de Bionergia to Acquire Ethanol Mills 105
13.3.4 Dedini Sells Four Ethanol Plants to PDVSA 106
14 Appendix 107
14.1 About Alternative Energy eTrack 107
14.2 Methodology 107
14.2.1 Coverage 108
14.2.2 Secondary Research 108
14.2.3 Primary Research 109
14.2.4 Expert Panel Validation 109
14.3 Contact Us 109
14.4 Disclaimer 11
1.1 List of Tables
Table 1: Global, Bioethanol Production and % Growth, Million Liters, 2001-13 11
Table 2: Global, Share of Bioethanol Production by Regions, %, 2008 13
Table 3: Global, Top 5 Countries Bioethanol Production, Million Liters, 2008 14
Table 4: Brazil, Bioethanol Production, Million Liters, 2001-13 17
Table 5: Brazil, Share in Bioethanol Production, By States, %, 2007-08 18
Table 6: Brazil, Share of Bioethanol Production, By Producers, %, 2007 19
Table 7: Brazil, Bioethanol Production Facilities of Cosan, 2008 20
Table 8: BNDES Financing Lines and Funding Programs Relevant to Ethanol Production 26
Table 9: BNDES Funding Programs for SMEs Seeking Entry into Ethanol Production 27
Table 10: Cosan S.A. Industria e Comercio, Key Facts 28
Table 11: Cosan S.A. Industria e Comercio, SWOT Analysis 34
Table 12: Cosan S.A. Industria e Comercio, Key Employees, 40
Table 13: Abengoa Bioenergy Corporation, Key Facts 45
Table 14: Abengoa Bioenergy Corporation, Key Employees, 46
Table 15: Abengoa Bioenergy Corporation, Other Locations 46
Table 16: Comanche Clean Energy Corporation, Key Facts 47
Table 17: Comanche Clean Energy Corporation, SWOT Analysis 49
Table 18: Comanche Clean Energy Corporation, Key Employees, 54
Table 19: Comanche Clean Energy Corporation, Other Locations 57
Table 20: Comanche Clean Energy Corporation, Subsidiaries 58
Table 21: Tereos, Key Facts 59
Table 22: Tereos, Key Employees, 60
Table 23: Louis Dreyfus Commodities, Key Facts 61
Table 24: Louis Dreyfus Commodities, Subsidiaries 63
Table 25: Brazil Biofuels Industry Deal Value Versus Volume Analysis, Q3 2007 – Q3 2008 90
Table 26: Brazil Biofuels Industry, Top Deals, Q3 2007 – Q3 2008 91
Table 27: Brazil Biofuels Industry, Transactions by Deal Type, 2007 – YTD 2008 92
Table 28: Durmundo And Briskul Invests In Southridge Brasilia 93
Table 29: Infinity Bio-Energy To Acquire Destilaria Guaricanga 94
Table 30: BP Acquires 50% Stake In Tropical BioEnergia 95
Table 31: ETH Bioenergia Acquires Usina Eldorado 96
Table 32: Bunge Forms Joint Venture with Itochu 97
Table 33: Archer Daniels Midland Partners With Grupo Cabrera To Form Joint Venture 98
Table 34: Cosan Enters Into Partnership With Copersucar and Crystalsev 99
Table 35: Toyota Tsusho To Form Partnership With Petrobras And Brazilian Sugarcane Producers 100
Table 36: Mitsui & Co., Petroleo Brasileiro And Itaruma Participacoes Enter Into Partnership To Develop Ethanol Project 101
Table 37: Amyris Forms Joint Venture With Crystalsev 102
Table 38: Southridge Enterprises Acquires An Ethanol Plant In Brazil 103
Table 39: Shenyang Rrzk To Acquire 20% Stake In Ethanol Plant 104
Table 40: Cluster de Bionergia To Acquire Ethanol Mills 105
Table 41: Dedini Sells Four Ethanol Plants To PDVSA 106
1.2 List of Figures
Figure 1: Global, Bioethanol Production and % Growth, Million Liters, 2001-13 11
Figure 2: Global, Share of Bioethanol Production by Regions, %, 2008 12
Figure 3: Global, Top 5 Countries Bioethanol Production, Million Liters, 2008 13
Figure 4: Brazil, Bioethanol Production, Million Liters, 2001-13 17
Figure 5: Brazil, Share in Bioethanol Production, By States, %, 2007-08 18
Figure 6: Brazil, Share of Bioethanol Production, By Producers, %, 2007 19
Figure 7: Brazil Biofuels Industry Deal Value Versus Volume Analysis, Q3 2007 – Q3 2008 90
Figure 8: Brazil Biofuels Industry, Transactions by Deal Type, 2007 – YTD 2008 92
Figure 9: GlobalData Methodology 108
The following companies are the major competitors of Comanche Clean Energy Corporation:
Cosan S.A. Industria e Comercio
Grupo Sao Martinho
Grupo Zillo Lorenzetti
Louis Dreyfus Commodities Brasil SA
Usina Alto Alegre S.A.
Grupo Irmaos Biaggi
Nova America
Infinity Bio-Energy Limited
Brasil Ecodiesel Industria e Comercio de Biocombus
AGRENCO S.A.R.L.
Granol
Archer Daniels Midland Company
Biocapital Participacoes S.A.
Grupo Bertin
