26 March 2008 22:12 [Source: ICIS news]
HOUSTON (ICIS news)--Brazilian ethanol consumption is expected to exceed that for gasoline at the start of the South American winter, an executive at Braskem said on Wednesday.
The last time ethanol demand exceeded that for gasoline was in February, said Manoel Carnauba Cortez, vice president of the basic petrochemicals unit for Braskem. The same trend should happen again in August and September, he said.
Carnauba was speaking to the DeWitt World Petrochemical Review, held in Houston by DeWitt & Co.
Ethanol consumption remains strong in Brazil because of growing sales of flexible-fuel vehicles, which can burn ethanol or gasoline, Carnauba said. Out of the 3m automobiles sold in Brazil in 2007, more than 85% were flexible-fuel vehicles.
For more on ethanol visit ICIS chemical intelligenceBookmark Simon Robinson’s Big Biofuels Blog for some independent thinking on biofuels
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