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#47880 - 20 Mar 07 10:10 GOI/Brazil, Indonesia To Sign Ethanol Agreement
biznews Moderator Offline
Pujangga Besar

Registered: 24 Apr 08
Posts: 7508
Loc: Jakarta
From Government of Indonesia

Brazil, Indonesia To Sign Ethanol Agreement

Brazil signed an ethanol agreement with Indonesia on Thursday (15/3/07), Brazilian daily O Estado de Sao Paulo reported.

In the near future, Indonesia is expected to receive $12 billion investments from international companies to develop its ethanol production.

In line with this context, Jakarta may become one of the biggest ethanol suppliers in southeastern Asia in the next few years and Brazil seeks to guarantee its share on that market, the report noted.

The agreement with Indonesia envisages the creation of a joint committee which will study strategies for the popularization of ethanol and a possible transfer of technology from Brazil to Indonesia. The committee will also make decisions related to the trade between the two countries.

For Brazil, the move aims at creating a market for ethanol. The country's policy targets to strengthen the global ethanol consumption not only to stimulate the demand for ethanol producing technology but also the demand for Brazilian ethanol itself in the future.

Indonesia, in turn, seeks to revive its agricultural sector. For Jakarta's authorities, ethanol may be one of the solutions to guarantee income for local agricultural producers.
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#47885 - 20 Mar 07 11:04 Re: GOI/Brazil, Indonesia To Sign Ethanol Agreement [Re: KuKuKaChu]
doremi Offline

Registered: 17 Jan 07
Posts: 488
Loc: slouch couch
so much buzz around ethanol as an alternative fuel. As a result of this push toward ethanol production, we're seeing the higher prices of food such as cereal, drinks (fructose), etc.
I heard about this bush-like plant in Africa that is supposed produce oil.

Here is the direct quote from Washington University in St. Louis website.

"The plant is primarily used as a hedge because it is very hardy and inedible. Oil can be extracted from the plant's seeds and used for generating engines, cook stoves or lamps. Compared to the yield soybeans must generate to make ethanol, jatropha is a bargain. One hectare of jatropha can produce 1,800 liters of oil (or 190 gallons per acre). One hectare of soybean oil has a yield of only 446 liters."


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