« Brazil Lashes Out At US-EU ‘Green’ Trade Plan | Home | Big Difference Exists Between Biodiesel, Ethanol »
Petrobras, Samsung Sign Initial Pact On Ethanol - Yonhap
By Mr Ethanol | December 10, 2007
CNNMoney:
Brazil’s state-run oil company Petroleo Brasileiro SA, or Petrobras, has signed an initial agreement with South Korea’s Samsung Corp. to cooperate in studying production technology and sales of ethanol, Yonhap News Agency reported Sunday.
With the latest agreement, Petrobras intends to expand sales of fuel ethanol to South Korea. The 2 companies may seek to jointly produce ethanol in Brazil and jointly sell it in South Korea, Yonhap said.
Petrobras forecasts it will be able to sell 300 million to 400 million liters of ethanol to South Korea annually from 2009, Yonhap said.
Related Posts
- Vietnam To Sign Pact With Brazil For Ethanol Fuel
- Petrobras Creates Biofuels Unit
- Petrobras Creates Biofuel Subsidiary
- Brazil’s Petrobras Made First Ethanol Shipment To US
- Petrobras To Invest In 20 Ethanol Mills By 2012
- Brazil Moving Its Ethanol
- Petroleo Brasileiro SA - Petrobras
- Ethanol Sales To Exceed Gasoline In Brazil By 2020, Petrobras To Shrink Oil Business To Focus On Biofuels
- US, China Working On Biofuel Pact
- 125 Sugar And Ethanol Plants Sign Up To Brazil’s Environmental Protocol For The Sugarcane Industry
New Way Of Making Easy Money Online