Bunge is a global producer and marketer of sugar. In the first quarter of 2010, with the addition of five sugarcane mills to its other existing mills in Brazil, Bunge established a large-scale sugar and bioenergy business capable of producing various sugar and ethanol products. Brazil is the world's leading exporter of sugar and sugarcane ethanol and a fast-growing domestic market.
Ethanol produced from sugarcane is one of the most attractive transport fuels. It is made from renewable sources and burns cleaner than fossil fuels. Because Bunge's sugarcane mills generate electricity by burning bagasse, the fibrous byproduct of sugarcane processing, they have a low emissions profile. In addition, the surplus electricity they create helps meet local power needs.
