Ethanol Blog
Todd Neeley DTN Staff Reporter

Wednesday 12/23/09

Petrobras Pays $84 Million for Stake in Ethanol Mill

Brazil's state-owned Petrobras bought paid $84 million for a stake in an ethanol plant that produces ethanol using sugarcane, according to Reuters.

Petrobras bought a stake in the Total Agroindustria Canavieira mill located in Bambui in the state of Minas Gerais.

(Reuters, Dec. 22, 2009)
(http://www.reuters.com/…)

Posted at 10:02AM CST 12/23/09
Comments (1)
They also signed a MoU, for studying technical feasibility of exporting to China: Brazil's Petrobras In Ethanol Cooperative Pact With Petrochina 11:06 am ET 12/23/2009 - Dow Jones
Posted by S.D. Maley at 10:26AM CST 12/23/09
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