Brazil’s Ethanol Blend Won’t Spur Investment, Analyst Says
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Brazil’s plan to boost to 25 percent its required mix of ethanol with gasoline may not spur investments in production capacity, according to Arnaldo Correa, executive director of the Sao Paulo-based research company Archer Consulting.
The higher blend, due to take effect by June, will increase demand for anhydrous ethanol by 1.7 billion liters (449 million gallons) a year, Correa said today in a telephone interview.