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Brazil Sugarcane Industry Eyes EU Biofuel Market
By Mr Ethanol | January 25, 2008

EUbusiness:
Brazil, the world leader in making ethanol from sugarcane, is homing in on Europe’s biofuel market following a decision by the European Commission to combat climate change by reducing the dependency on petrol.
The EU plan calls for biofuels to be used in at least 10 percent of fuels used in transport in the 27-nation bloc by 2020.
For Brazil’s sugarcane industry, the news is seen as a golden export opportunity.
“We see this as very positive because it will allow the development and consolidation of the European biofuel market, which was in doubt without the defining of these goals,” said an international advisor to the Brazilian Sugar Cane Industry Association (UNICA), Geraldine Kutas.
The group, the biggest in the sector representing Brazil’s sugarcane producers, also welcomed the criteria Europe was to apply to biofuel use.
Brazil cosniders itself the world leader in biofuel production, with more than 30 years’ experience. Also, sugarcane has proven more efficient than other biomass, such as maize (corn), to make ethanol.
Topics: Brazil, Ethanol, Industry, Market |
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