Brazil Takes Measures to Boost Ethanol Production
May 2, 2013News article: http://www.ethanolproducer.com/articles/9792/brazil-takes-action-to-boost-ethanol-industry
| |
Brazil's Ministry of Finance will take three additional measures to boost ethanol production and investment in its ethanol industry. The announcement was made following the increase in the mandatory blend level of anhydrous ethanol to 25 percent that will take effect on May 1.
The first measure includes a cut of the PIS/COFINS tax by approximately 12 percent. The second measure includes an interest rate reduction for the Brazilian Development Bank's (BNDES) Prorenova program, which aims to increase the production of sugarcane by funding the renovation and establishment of new plantations. For the third measure, the ministry will make BRL 2 billion in funding available to create new ethanol storage capacity at an annual interest rate of 7.7 percent.
| |
Biotech Updates is a weekly newsletter of ISAAA, a not-for-profit organization. It is distributed for free to over 22,000 subscribers worldwide to inform them about the key developments in biosciences, especially in biotechnology. Your support will help us in our mission to feed the world with knowledge. You can help by donating as little as $10.
-
See more articles:
-
News from Around the World
- Global Value of Biotech Rice
- International Team Develops Physical Map of Wheat's Wild Ancestor
- Scientists Sequence Kiwifruit Genome
- KARI Develops Disease Resistant Napier Grass
- Nigeria, Benin, Mali, Ghana Plan to Disseminate Drought Tolerant Maize
- African Experts Join Forces to Accelerate Delivery of Rice Technologies
- Open Debate on Biotech in Egypt
- Scientists to Use X-ray Analysis to Boost Legumes, Reduce Fertilizer Pollution
- Farmers Say GM Crops Give Them Competitive Edge
- Scientists Find Key Organelle Involved in Gene Silencing
- KSU Scientists Awarded $5.5 Million for Wheat and Rice Blast Research
- Mark Lynas' Time to Call Out the Anti-GMO Conspiracy Theory
- New Mild Onions Offer Great Taste, Long Shelf Life
- PHILARM Enlightened on Biotech and Social and Economic Responsibility
- Australian OGTR Invites Comments for GM Cotton Field Trials
- Calls to Comment on OGTR Application Forms for GM Plant Field Trials
- Investments for Malaysia Biotech
- Review on EU Agricultural Policies on GE Crops
- EFSA: No Scientific Evidence on Environmental Risks of GM Oilseed Rape Ms8, Rf3, Ms8 x Rf3, and GT73
-
Research Highlights
- Effects of Bt Cotton Protein on Biological Parameters of Cotton Aphid
- First Report of Stacked Traits in Biotech Tomato in Thailand
-
Announcements
- Plant Breeding for Drought Tolerance Online Course - Fall 2013
-
Resources
- Cassavabase, an Open Access Database on Cassava Research
-
Read the latest: - Biotech Updates (May 2, 2024)
- Gene Editing Supplement (April 24, 2024)
- Gene Drive Supplement (February 22, 2023)
-
Subscribe to BU: - Share
- Tweet