Marcelo Coelho, on his blog Ethanol Brasil, reports that respected Brazilian journalist Luis Nassif believes there are three kinds of companies operating on the Brazilian ethanol market: the traditional sugar family companies, which are investing heavily in the expansion of their operations; the new investors, such as Felipe Reichstull, former president of Petrobras, who has been attracting huge sums of money to increase Brazilian production; and there are the speedy types, who are purchasing mills with low potential and, essentially, putting lipstick on the pig, in hopes of passing it along to unsuspecting buyers.
Follow what's happening in the Brazilian ethanol market on Ethablog, the only blog in English dedicated to Brazilian ethanol.
Thursday, March 01, 2007
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