• Categories
  • Archives

Brazil’s Ambitious Biodiesel Plans

Brazil’s investment in biodiesel production is expected to reach US$ 515 million in 2008, when production of this fuel is expected to amount to around 800 million liters.

The figure should grow to US$ 1.5 billion in 2013, when domestic production will be 2 billion liters.


This estimate was given by the deputy head of Analysis and Accompaniment of Government Policies of the Presidential Civilian Advisory Office, José Honório Accarini, who participated in the seminar, “Biodiesel – Strategies for Production and Use in Brazil,” April 26, in São Paulo.


The encounter, which ended yesterday, was held to demonstrate the advantages of biodiesel for the country, the progress of research in the field, the technologies employed to develop the fuel, and the lines of production incentives, among other topics.


Entrepreneurs involved in this area also had a chance to express their opinions and provide successful examples from other countries to speed up the introduction of biodiesel on the market.


Accarini points out that everybody can gain from biodiesel. “The businessman and the family farmer can make money, and poor regions can get jobs and energy in remote communities,” he said.


ABr

Tags:

  • Show Comments (1)

  • DANIEL D MARTIN

    BRAZIL OIL PALM POTENTIAL
    BRAZIL SHOULD GIVE INCENTIVES TO OIL PALM PLANTATIONS WICH HAS POTENTIAL TO COVER ALL OF BRAZIL DIESEL NEEDS WITH BIODIESEL SAVING $BILLIONS AND WITH GREAT EXPORT POTENTIAL DUE TO VERY HIGH WORLD MARKET PRICES FOR THE OIL AND HUGE EUROPEAN AND ASIAN DIESEL MARKET WITH SKYROCKETTING DIESEL PRICES.BRAZIL COULD BE NUMBER ONE WORLD PRODUCER OF PALM OIL IN 10 TO 15 YEARS

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

portuguese_language.jpg

Brazil: How the Orient Shaped the Portuguese Language

A Lebanese descendant, and the current secretary of Culture of the city of São ...

Rio-à-Porter Fashion Salon Generates US$ 294 Million, US$ 18 Million in Exports

Rio-à-Porter, a fashion and design business salon held this month in Rio de Janeiro, ...

Brazil’s Central Bank Chief Promises Lower Interests

The president of Brazil’s Central Bank, Henrique Meirelles, says that the higher primary account ...

Brazil’s Economy Shrinks, So Does Consumer Confidence

Brazil’s Gross Domestic Product (GDP) went down in the third quarter of this year ...

Bureaucracy Is Hurting Brazil Coffee Overseas

Brazilian coffee producers’ exports revenues increased by 26.6% in the first eight months of ...

Brazil’s Middle East Trade Tour Leaves Brazilian Businessmen Happy

Brazilian company Tissot, a manufacturer of high-end furniture, should get an order from a ...

More Brazilian Industries Join the Ban-Chinese-Goods Bandwagon

The announcement last week by Brazil’s textile industry that it will seek safeguards against ...

Alliant Energy Settles in Brazilian Arbitration

Alliant Energy Corporation, announced today the settlement of an arbitration award the company received ...

Brazilians Slightly Happier with Economy, But Less Confident About Future

Brazil’s Getúlio Vargas Foundation’s (FGV) Consumer Confidence Index (ICC) rose 0.6% in December compared ...

Brazil’s New Administration Announces It Wants an Assertive Dialogue with the US

Dilma Rousseff, who will be the new Brazilian president starting January 1st is vowing ...