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Thursday, November 22, 2007

Petrobas joint venture studying bioethanol output in SE Asia

Tokyo (ANTARA News/Asia Pulse) - Brazil-Japan Ethanol Co. has begun exploring the business prospects of manufacturing bioethanol in Indonesia and Cambodia.

The firm is studying the geography and climate in the two countries with the idea of making bioethanol from sugar cane for supply not only to Japan, but also to China and other markets in Asia.

Brazil-Japan Ethanol is a 50-50 joint venture of Brazilian state-run oil company Petroleo Brasileiro SA, or Petrobras, and Japan Alcohol Trading Co. It was set up in March 2006 to serve as the sales agent for bioethanol imported into Japan from Brazil.

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