Petrobras Biofuel is looking for a partner to deploy a cellulosic ethanol plant on a commercial scale in 2015. The information was confirmed by the manager of technology management of the company, João Norberto Noschang Neto. “By the end of the year a partner will be set in this project which commences studies of technical and economic viability,” he said.
So far the company has invested around R$ 20 million in these studies and implemented a demonstration unit in the United States.
Petrobras´s business plan forecasts investments of $ 300 million in research and development of biofuels between 2012 and 2016.