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2007-01-30 |

Brazil eyes ethanol export boom after Bush speech

Ethanol producers in Brazil, the world"s biggest and cheapest exporter of the alternative fuel, see a fantastic business opportunity in US President Bush"s aim to cut his country"s gasoline use by 20 percent over a decade. "We"ve never had such a great opportunity to substitute petroleum," said Luiz Carlos Correa Carvalho, director of Canaplan consultancy at Piracicaba in Brazil"s main sugar cane growing state of Sao Paulo.

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2007-01-30 |

Brazil eyes ethanol export boom after Bush speech

Ethanol producers in Brazil, the world"s biggest and cheapest exporter of the alternative fuel, see a fantastic business opportunity in US President Bush"s aim to cut his country"s gasoline use by 20 percent over a decade. "We"ve never had such a great opportunity to substitute petroleum," said Luiz Carlos Correa Carvalho, director of Canaplan consultancy at Piracicaba in Brazil"s main sugar cane growing state of Sao Paulo.

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