Brazil Plans to Triple Ethanol Exports in 7 Years

Brazil plans to almost triple ethanol exports in the next seven years and will need investments of about $13.4 billion to boost output, said the nation’s Agriculture Minister Luis Carlos Guedes Pinto.

Brazil plans to more than double production of ethanol to 35 billion liters, Guedes said via a translator in an interview with Bloomberg News in Tokyo. Exports may account for as much as 10 billion liters, he said.