With the Sugar Division headquartered in London, Bunge mainly sources and produces sugar and ethanol through the origination network in Brazil, Thailand and other geographies, and then markets it to customers worldwide. Brazil is a major sugar and ethanol exporter, and also an emerging market in the world. Bunge began trading sugar in 2006, and the business has grown organically, which expanded Bunge's origination capabilities and participation in commercial markets. In the first quarter of 2010, Bunge added five new sugarcane mills to its three existing mills in Brazil. With this acquisition, Bunge has established a large scale sugar and bioenergy business capable of producing various sugar and ethanol products. Bunge's sugar milling business in Brazil is a strong complement to the company's global trading and marketing operations. Ethanol made from sugarcane is the most economically attractive among today's major biofuels and has a compelling energy balance. It also burns cleaner than petroleum-based fuels. According to the U.S. Environmental Protection Agency (EPA), sugarcane ethanol produces 61 percent less emissions than gasoline.