Copersucar sees 50% ethanol demand rise in U.S. with new E15 policy

Brazil’s Copersucar SA, the world’s largest sugar and ethanol merchant, projects that ethanol demand in the United States could increase by 50% when the new policy to year-round sales of E15 is fully implemented.

Copersucar’s Chief Executive João Roberto Teixeira said in a call with reporters on Monday that the company sees strong potential for ethanol sales in the U.S., where it operates with its subsidiary Eco-Energy, in the next two to three years.

Reporting by Marcelo Teixeira Editing by Nick Zieminski

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