Brazil signs deal to export sustainable ethanol

SAO PAULO, June 25 (Reuters) – A group of Brazilian ethanol companies signed a deal to export certified sustainable ethanol to Sweden, in the world’s first agreement of such a kind, they said on Wednesday.

Brazilian groups Cosan , Guarani , NovAmerica and Alcoeste agreed sell to Sweden’s Sekab 115 million liters of anhydrous ethanol that will adhere to certain social and environmental standards.

“This initiative addresses European consumers’ concerns related to the sustainability of ethanol,” Martinho Seiiti Ono, director at trading company SCA that will manage the exports, said.

“It is the first practical application of verified sustainable ethanol and is a major step toward realizing an international standard,” Ono told reporters.

Guardian