Market

As of July 2024 there are 356 fuel ethanol plants operating in Brazil authorized by Brazil’s Agency for Oil, Natural Gas and Biofuels (ANP), and a production capacity of 246 million liters per day of hydrous ethanol and 133 million liters per day of anhydrous ethanol. Most plants are located in the South East and Central West regions. The total nameplate capacity for those plants was estimated at 60,000 million liters per year in 2023.

According to the ANP, from January to June 2024, 90.3% of Brazil’s ethanol was produced from sugarc