In an article that appeared in the June issue of one of the leading agro-magazines in the world, Anuario Exame, the editor, ranks top five-hundred agro companies in Brazil.

Aruba-based Global Foods Holding was ranked as one of the top five foreign investors in Brazil with its 2 billion Brazil Reais (USD 1 billion) investment in the sugar and ethanol sector. The ranking of the top five is clearly listed in the article, lauding the vision and the determination of the investors funding Brazilian clean-energy projects.

Global Foods Holding who partnered with a well-established Brazilian manufacturer operates four ethanol mills, under the name Santa Elisa.

Aruban businessman Rene Kan (pictured here), of Global Foods Holding, is one of the forces behind the investment. In his efforts to build an ethanol refinery in Aruba, he also got involved in growing his own sugarcane and securing the steady supply of raw materials to the upcoming Aruba facility.

Kan is making a mark in the fast growing biofuel field, seeing the potential in Brazil's sugar cane fields. In that respect Brazil is a pioneer, since the 70s, and the country is currently a top ethanol exporter, second only to the US as a producer.

As a matter of fact, nearly all cars in Brazil run on ethanol or an ethanol-gasoline mix, and the country's sugarcane-based fuel is 30% cheaper to make than the US corn-based variety.