Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Tuesday, August 24, 2010

Ceres Opens Brazil Subsidiary To Develop Sweet Sorghum Crop Business

favStocks.com
By Green Car Congress on 08/22/2010 – 4:35 am PDT

Ceres, Inc. earlier this month established a subsidiary in Brasil focused on developing sweet sorghum as a feedstock for the ethanol industry. The company’s goal is to be the first supplier of new hybrids with high levels of sugar.

Ceres Chief Financial Officer Paul Kuc has been appointed as the interim leader of the subsidiary, which will be based in São Paulo under the name Ceres Sementes do Brasil Ltda. Earlier in his career, Kuc spent several years leading the Brazilian financial unit of a large multinational seed company.

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