15 July 2011 22:26 [Source: ICIS news]
Petrobras’s biodiesel capacity was bolstered by its recent acquisition of a 50% stake in a BSBIOS biodiesel plant in Rio Grande do Sul. Prior to the acquisition, the two companies were already partners in a biodiesel facility in south Brazil.
Along with the company’s other biodiesel interests, Petrobras pushed its annual capacity of biodiesel to 720m litres/year.
Additionally, Petrobras plans to continue investing in ethanol production to satisfy global demand, the company said.
“We close 2010 with the capacity to produce over 1bn litres/year,” said Miguel Rossetto, president of Petrobras biofuels unit, Petrobras Biocombustivel. “We will soon have a new distillery in Colina, Sao Paulo.”
Petrobras has also started expanding plants in Bambui, Minas Gerais, and Boa Vista in Goias, Rossetto added.
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