In France, Tereos is preparing to dive into ethanol trading on April 1, the start of its trading year, following the set up last year of Tereos Commodities when it began trading sugar. The new ethanol desk will be led by Laurent Ibars who previously traded commodities for Raizen and Cargill. The company produces 1.9 million cubic meters of ethanol annually around the world from beet, cane and cereals, is among the largest producers in Europe and one of the top five in Brazil.
