Petrobras injects $2.5 billion to up production of ethanol and biodiesel through 2015

Petrobras of Brazil will put in around $2.5 billion to increase the production of ethanol and biodiesel this year through 2015. The amount forms part of the $4.1 billion that is expected to be spent for their biofuels business which includes $1.3 billion for logistics for their ethanol production and around $300 million for research. [...]

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