Green Car Congress  
Go to GCC Discussions forum About GCC Contact  RSS Subscribe Twitter headlines

« Québec to Introduce Carbon Tax on Energy Companies | Main | Researcher Applies Raman Imaging to Identify Better Biofuel Crops »

Print this post

Itochu and Petrobras To Produce Bioethanol for Export to Japan

7 June 2007

Nikkei. Japanese trading company Itochu Corp. and Brazilian state-run oil firm Petroleo Brasileiro SA (Petrobras) will partner to produce sugar-cane-based bioethanol for export to Japan beginning sometime around 2010.

As part of the plans, Itochu and Petrobras will grow sugar cane as well as build five to seven refineries in the northeastern state of Pernambuco. Plans are to produce 270,000 kiloliters (71.3 million gallons US) of bioethanol a year.

The facilities will be developed into a major production and shipping base for ethanol bound for Japan, with export revenue expected to hit 2.1 billion reals (US$1 billion).

Sales of gasoline blended with ethanol in Japan began in April.

June 7, 2007 in Brief | Permalink | Comments (3) | TrackBack (0)

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c4fbe53ef00df3520045b8833

Listed below are links to weblogs that reference Itochu and Petrobras To Produce Bioethanol for Export to Japan:

Comments

It must bee 71,3 million gallon per refinary. Otherwise you don't get $1 billion of annual revenue.

I wonder how much longer it will be before Venesuela decides that they have to put an end to it. They are already chapped that Brazil is not danceing to their Anti-american B.S. And now compatition to the oil monopoly.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Green Car Congress © 2014 BioAge Group, LLC. All Rights Reserved. | Home | BioAge Group