JANUARY 2009

Sugarcane to produce ethanol

Archer Daniels Midland Company (ADM) and Grupo Cabrera plan to form a joint venture to produce ethanol from sugarcane. The partnership will bring together ADM’s expertise in ethanol production, logistics and marketing with Cabrera’s extensive knowledge of sugarcane agriculture and production.

The joint venture will construct two processing complexes, each consisting of a sugarcane plantation, a sugar mill, an ethanol distillery and a biomass-powered cogeneration facility to provide power and steam. The complexes will be located in Limeira Do Oeste in the state of Minas Gerais, and Jatai in Goias. Upon completion, each mill will have crush capacity of three million metric tons annually.