Mitsui, Petrobras in Ethanol JV Talks

Mitsui & Co. (Tokyo) and Brazilian state-owned oil company Petrobras are in talks for a joint venture to produce ethanol, press reports say. The jv could be worth $8 billion, and will supply as much as 3 billion liters/year of ethanol to Japan. The companies are exploring the possibility of building as many as 40 refineries to distill ethanol from sugar cane, Petrobras was reported as saying. The stakes in the jv have not been ironed out, the reports say. Separately, Mitsui says it has signed a memorandum of understanding with Petrobras and Camargo...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers