The Brazilian state oil company Petrobras will invest 1.500 millions of dollars from 2008 to 2012 in projects of biodiesel and ethanol production, as announced this Tuesday the own company during the International Conference of Biofuels that is carried out in Sao Paulo.Â

The investments will be made through Petrobras Biocombustible, integral subsidiary of the brazilian state company, created on past July 29th.Â

“With the creation of that enterprise, the company gets ready to assist part of the growing world demand of biofuels, besides reinforcing its commitment with the environment and with the social development in a sustainable way”, Petrobras assured. Leer más »

The brazilian state company Petrobras considers the possibility to install biodiesel factories in European territory, said the day 23rd the manager of biofuels of the company, Fernando Cunha.Â

Speaking in the Chamber of Commerce Brazil-France, Cunha declared that they already have contacts with French and Spanish companies keeping in view the installation of biodiesel factories that will use brazilian raw material. Leer más »