18 November, 2008

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indy-ethanol-brazilSAO PAULO (AFP)-The Brazilian ethanol, derived from the sugarcane, will be the official fuel from 2009 of the Indy Formula, one of the most important motor racing of the world, according to an agreement signed on Monday in the framework of the International Conference on Biofuels

The Understanding Memorandum was signed when being inaugurated the “Primera International Exhibition of the Biocombustibel”, parallel to the conference, between Alessandro Texeira, of the Brazilian Agency of Exports Promotion (Apex) and the president of the Indy Racing League, Terry Angstadt. Â

“The action is part of the strategy developed by Apex to promote the Brazilian biofuel as alternative of clean and sustainable energy”, Texeira explained.Â

The agreement foresees the ethanol and biodiesel supply during the whole season 2009. The consumption of the Indy formula is of 120.000 gallons (454.000 liters) of ethanol, used during trainings, testings and races of the 18 stages that are disputed in United States (15), Canada (2) and Japan (1).Â

The understanding among Apex Brazil and the Indy Racing League “contributes to the consolidation of the ethanol as global commodity”, commented the Union of Sugarcane Industries (Unica).Â

“In moments of serious energy and environmental financial dilemmas, Unica credits that the use of ethanol originating from different agricultural raw materials (corn or cane) in the Indy Formula would symbolize the dream of a bigger energy integration of the American countries, with potential of extending to the whole planet”, concluded the union.Â

“The initiative contributes to the deepening of the natural alliance between Brazil and United States, main producers and consumers of ethanol of the planet, that together respond for more than 75% of the world ethanol”, said the president of Unica, Marcos Jank.Â

Source: AFP

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