Tag: Elizabeth Farina

• Wednesday, April 24th 2013 - 05:49 UTC

  Brazil to the rescue of the sugar-ethanol industry with lower taxes and soft credit

  

  The Brazilian government has come to the rescue of the sugar-ethanol industry announcing that as of next May first the mandatory content of ethanol in gasoline will increase from 20% to 25%, taxes on the sugar-cane fuel will be eliminated and there will be soft loans to keep expansion going.