Petrobras already produces 108,000 l biodiesel in Ceara unit
Sep 2, 2011 - Brazilian oil and gas giant Petrobras (SAO:PETR3; NYSE:PBR) already produces 108,000 litres (28,530 gallons) of biodiesel per year in its unit in Quixada, northeastern Ceara state, Miguel Rossetto, president of the company's biofuel arm Petrobras Biocombustivel, said yesterday.
The number of family farmers supplying raw materials for the unit's biodiesel production has reached some 40,000, he noted during an event which marked three years since the plant's launch.
The Quixada plant supplies biodiesel to six states in Brazil's Northeast, namely Ceara, Maranhao, Piaui, Rio Grande do Norte, Pernambuco and Paraiba.
According to Rosseto, this year Petrobras Biocombustivel will purchase 9,000 tonnes of castor bean from family farmers in Ceara.
The company's biodiesel production capacity currently stands at some 700 million litres per year, including own plants and units operated in partnership.