Brazil: Government to lend to ethanol mills

In a bid to encourage ethanol production, Brazil's government plans to offer Real 2.5bn (US$1.44bn) in loans to local producers, reports Reuters. According to Manoel Bertone, secretary for production and agroenergy at the Agriculture Ministry, the funding will provide producers with cash to pay their daily costs without needing to Subscribe to Automotive World to … Continued

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• April 30, 2010