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Reply #5: Brazil Petrobras Unit To Invest $200M In Ethanol Projects [View All]

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Bdog Donating Member (280 posts) Send PM | Profile | Ignore Fri Jun-04-04 09:42 AM
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5. Brazil Petrobras Unit To Invest $200M In Ethanol Projects
http://sg.biz.yahoo.com/040603/15/3ktes.html
SAO PAULO (Dow Jones)--Brazil's oil group Petroleo Brasileiro SA (PBR), through its logistics unit Transpetro, is planning to invest $200 million over the next four years to expand pipelines that transport ethanol.

A spokeswoman at Transpetro said Thursday the investment has been earmarked to build about 790 kilometers of pipelines and build the necessary infrastructure to take ethanol from a refinery in Sao Paulo state to Petrobras terminals on the coast of Rio de Janeiro.

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