The Brazilian Innovation Agency, Research and Projects Financing and Brazil’s National Development Bank have entered into a partnership to promote bioethanol development.
With operations scheduled to begin July 30, the project aims to promote innovation in the field of ethanol. Its goal is to invest up to $540 million in technology projects over the next three to four years, which would advance the use of sugarcane, particularly bagasse and straw, to produce ethanol and new products such as polymers, special oils and biodiesel.
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