Brazil's Copel to invest in biodiesel mills

24 August 2007 00:42  [Source: ICIS news]

HOUSTON (ICIS news)--Brazilian state-run utility Companhia de Energia Eletrica do Parana (Copel) plans to invest Brazilian reais (R)100m ($50m) in biodiesel production, according to local newswires on Thursday.

A report on Agencia Estado newswire said Copel will build 150 mills in the southern state of Parana, according to Parana state governor Roberto Requiao, whose government controls the company.

Requiao was speaking a seminar in Sao Paulo on the role of state enterprise in the energy sector. Copel is one of Brazil’s most important state-run utilities.

He said an 800 litre/day pilot plant has already been built as a multiple mill, capable of using chicken fat as feedstock along with any other oily residue, according to the report.

($1.00 = R1.99)

By: John Waggoner
+1 713 525 2653

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