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Brazil ethanol exports rising

Ethanol is good business for Brazil: in the last 6 years, the export sales of the biofuel have risen 176 percent, according to the CEPEA - Centro de Estudos Avançados em Economia Aplicada (Center for Advanced Studies in Applied Economics) in São Paulo. The growth was especially important in 2006, when it reached 46 percent, with a total export of 2,800 million liters of sugarcane ethanol. Petrobras, Brazil's national oil company has just been in the business for a few years, but plans to sell 850 million liters in the USA, ... Read more →

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