Petrobras wants to quadruple ethanol production

Petrobras wants to quadruple ethanol production

Petrobras has adressed $ 1.94 billion of its new business plan to increase its ethanol production by four times. The goal is to produce 5.6 billion liters by 2015. And increase its share in the market from the current 5.3% to 12%.

To achieve these results the company should invest in alliances with consolidated groups int the sector and build new plants, said the president of Petrobras Biofuel, Miguel Rossetto.


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