Ceará- Pecém.

Oil company Petrobras opens biodiesel factory in northeast of country.



Brazilian oil company Petrobras Tuesday opened a biodiesel factory in the northeast of Brazil, following an investment of 100 million reais, (USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 64mn) officials said.

The unit, located in Candeias, in the state of Bahia, is part of a project of the state biodiesel production Biodiesel production is the process of synthesizing biodiesel. Biodiesel is a liquid fuel source largely compatible with petroleum based diesel fuel. The most common method for its manufacture is synthesis by reacting a glyceride-containing plant oil with a short chain alcohol such
..... Click the link for more information. company, which includes overall investment of 2.375 billion reais by 2012.

The new factory is able to operate using raw materials of vegetable (sunflower, soy and cotton), animal (beef, pig or chicken render) origin or waste oil and fats used for frying food.

After attending the opening, Brazil s president, Luiz Inacio Lula da Silva, instated the board of recently created renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. company, Petrobras Biocombustivel.

The new subsidiary will be responsible for managing the Candeias unit and two other biodiesel factories to be built in the states of Minas Gerais Minas Gerais (mē`nəs zhərīs`) [Port.,=various mines], state (1996 pop. 16,660,691), 226,707 sq mi (587,171 sq km), E Brazil. The capital is Belo Horizonte. Minas Gerais continues to produce more than half of Brazil's mineral wealth. and Ceara.

The total capacity of the three production units will be 170 million litres of biodiesel per year, in an investment of 300 million reais,(USD64mn) the subsidiary s chairman, Alan Kardec noted.