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Tag Archives: ethanol
Petrobras starts manufacturing ethanol
With investments of US$85 millions, Brazilian state controlled Petrobras starts producing ethanol from sugar cane this month. It is the first time the oil giant invests in a domestic ethanol plant, which is located in the state of Minas Gerais, … Continue reading
Another big ethanol deal is under way in Brazil
Major fuel companies are continuing to work on partnerships in Brazil to produce ethanol. Following the recent announcement that Shell and Cosan are in negociations to form a joint venture, ETH Bioenergy, a large Brazilian producer in the country, has just … Continue reading
Oil companies invest in Brazilian ethanol
The interest from the oil companies in Brazilian ethanol, both in production and distribution, is growing. Following British oil company BP PLC, which announced in 2008 investments of US$1 billion in a Brazilian biofuel project, Royal Dutch Shell PLC is … Continue reading
Brazil continues to invest in green energy
Brazilian President Lula da Silva in the inauguration of the green power plant Brazil has just inaugurated world’s first ethanol-fuelled power plant. The ethanol used in the plant comes from sugarcane, but other biofuels being researched for ecologically friendly attributes … Continue reading
Why Brazilian sugar producers are buzzing
Workers cut down sugar cane in Sao Paulo state. Photo: Matheus Galvão From The Economist print edition SINCE the start of the year the price of sugar futures has almost doubled. This is welcome news for Brazil, the world’s largest … Continue reading
United States and Brazil sign agreement on biofuels
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Petróleo Brasileiro S.A. (Petrobras) announced today that they have signed an agreement that could accelerate the development and international commercialization of biofuels. The announcement was made at the International … Continue reading
Biofuel in Brazil is not a dream, it is a reality
The Washington Post today compares the biofuel industry in the US and in Brazil. If on one side the American public opinion is in doubt about ethanol’s green credentials, the tecnology in Brazil has overcome all the obstacle and today … Continue reading
Posted in Green Energy
Tagged biofuel, Brazil, corn, energy, ethanol, fuel technology, gasoline, gaz, green alternative, maize, oil, Organization for Economic Cooperation, petroleum, public opinion, sugar cane, washington post
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Crisis? Not in Brazil
Business in Brazil – Brazil is the world’s largest exporter of biofuels, including ethanol. But it is not only the high price of commodities which is sustaining the Brazilian economy. The country’s financial system has lower debt, a respectable fiscal policy and a central bank with more autonomy than many others in West Europe. Continue reading
Posted in Brazil's Economy
Tagged biofuels, Business in Brazil, commodities, crisis, ethanol, fiscal policy, foreign debt, foreign reserves, jobless rates, turmoil, unemployment
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