NEWS
Tue Nov 6, 2012 06:49 AM CST

(Dow Jones) -- Brazilian sugar and ethanol cooperative Copersucar said Monday it is taking over the operations of U.S.-based biofuels trading firm Eco-Energy for an undisclosed amount.

The deal comes as Brazil prepares to ramp up its exports of sugarcane ethanol, considered an advanced biofuel under U.S. regulations. Copersucar's director, Paulo Roberto de Souza, said in a conference call with journalists that Brazil's exports of ethanol, most of which go to the U.S., are expected to see "structural growth" as a result of U.S. biofuels regulations and should rise to 2.5 billion liters next year from 1.5 billion liters in ...

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