Petrobras examining investment strategy as Brazilian ethanol targets soar

Biofuels Digest
Meghan Sapp June 23, 2011

In Brazil, Petrobras is currently re-thinking its five-year investment strategy to take into consideration the government’s requirement that it increase its ethanol production to fill 12% of national demand from the current 5%. That investment is likely to come in the form of greenfield ethanol plants despite the significant capital expense involved.

Read article