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Brazil May Boost Mandatory Ethanol Blend to 25%

14 March 2007

Brazil may boost the required ethanol blend in gasoline to 25% from the current level of 23% by May.

Brazilian ethanol output may rise to as much as 20 billion liters (5.3 billion gallons US) this year. Use of the biofuel in Brazil may rise to as much as 15 billion liters this year, from about 14 billion liters last year. The amount may jump to 30 billion liters as early as 2013.

By 2015, flex-fuel cars that can run on higher ethanol blends will represent 70% of the country’s light vehicles, up from about 15% now.

March 14, 2007 in Brief | Permalink | Comments (0) | TrackBack (0)

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