Brazil embarks on biodiesel
In an effort to complement its world-leading ethanol production, Brazil is looking to embrace biodiesel and meet a goal of producing 855 million liters per year by 2011. To do so, Petroleum Brasil (more commonly known as Petrobras), the state-owned oil company, is looking to build 15 new biodiesel plants in several different regions of the country. Petrobras stated it has already received environmental authorization to build three.