British sugar trader joins ethanol trading venture in Brazil

British sugar trader Czarnikow has entered as a partner in a new ethanol trading company in Brazil, in a joint venture with a group of local investors who control sugar and ethanol plants, according to documents released on Friday by the Brazilian government.
It is reported by Reuters.
CADE, the Brazilian anti-trust watchdog, said it has approved the creation of the ethanol trading venture after a request by Czarnikow and its partners Vale do Tijuco A&c...