13 June 2012 23:14 [Source: ICIS news]
CAMPINAS, Brazil (ICIS)--Brazil-based Petrobras plans to commercialise second-generation ethanol made from sugarcane bagasse in the country by 2015, the company said on Wednesday.
The company had already produced 80,000 litres of second-generation ethanol in a demonstration plant in the US, it said. Each tonne of dry bagasse can produce 300 litres of ethanol.
US cellulosic technology company KL Energy is one of the partners in the project.
The US company is also the owner of a unit adapted by Petrobras researchers to test the technology, Petrobras said.
That unit should be integrated to an ethanol plant operated by Petrobras Biocombustivel.
Petrobras will use part of its expected investments for biofuels for the next years to develop the technology, it said.
Expected investments for research on biofuels is around $300m (€240m), it said.
($1 = €0.80)
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