This document summarizes Sojitz Group's biofuel activities in Brazil as of October 2010. It describes their equity stake in ETH Bioenergia S.A., a leading Brazilian bioethanol producer with 5 mills and plans for 9 mills by late 2011. It also notes their involvement in Braskem S.A., the largest petrochemical company in Latin America, where Sojitz is the largest foreign shareholder and handles certain annual volumes of ETBE (Ethyl Tertiary Butyl Ether) from two Braskem plants using their global marketing network. The document discusses Sojitz's strategy to build a "Value Chain" from Brazilian ethanol and ETBE supply sources to downstream sectors in Europe and