10 August 2004 21:38 [Source: ICIS news]
The centres were built in the early 1980s as part of the government’s ethanol program, but were closed in the late 1990s. ?xml:namespace>
With the recent boom in ethanol exports, Petrobras has decided to resume operations at the centres. There is also increased local demand because of the boom of flex- fuel cars that run on gasoline or ethanol.
According to a Petrobras spokesperson, the eight distribution centres should all be operational by mid-2005.
The first distribution centre, located in Araraquara,
Petrobras is reportedly planning to invest Real 200m ($55.5m/Euro45m)) in a pipeline that will transport ethanol from Paulinia, Sao Paulo state to Olho D'Agua, Rio de Janeiro state.
Petrobras is headquartered in
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|