Largest Ethanol Producer
Who is the largest ethanol producer? Well, it depends on the geographical area that you are speaking about. Here is the rundown on who is making ethanol one of the fastest growing alternative fuel sources in the world.
World's largest ethanol producer
Brazil is currently the world's leader in ethanol production. Because of government subsidies, large sugarcane crops, and high sales taxes on gasoline, Brazil has built a profitable national ethanol industry. Sugarcane is grown in the country as the climate presents perfect conditions for its cultivation and production. It converts very easily to ethanol, and provides Brazil with huge supplies of ethanol. Coimex Trading, a subsidiary of Brazilian conglomerate Grupo Coimex, is the largest producer of ethanol in Brazil.
Largest producer of ethanol in the U.S.
The largest producer of ethanol in the U.S. is a company that many of us have probably never heard of. The company is Archer Daniels Midland. ADM is a company that is an agricultural giant in the United States, and has decades of experience. They have a vast network of railcars, trucks, storage facilities, and barges that are capable of delivering high-grade ethanol. They are also working on new ways to produce ethanol that draw on agricultural waste products like cellulose. ADM has made profits of $10.98 billion in 2006, and operates in North America, South America, Europe, Middle East, Africa, Asia and Pacific Rim.