Brazil to Raise Ethanol Mixed With Gasoline to 25%

Bloomberg Businessweek
April 29, 2010, 3:07 PM EDT
By Katia Cortes

April 29 (Bloomberg) -- Brazil plans to boost the amount of ethanol mixed into gasoline at the pump ahead of a record sugar- cane crop this year.

The measure to boost the ethanol mix to 25 percent from 20 percent will take effect on May 2, said Manoel Bertone, the Agriculture Ministry’s production and bio-energy secretary. In February, the government reduced the mix after inventories fell near the end of the sugar-cane harvest.

Read more