Market News 
10.25.07
Germany Biodiesel Tax To Increase
According to Berliner Zeitung, the German Finance Minister will propose a $0.12 ...
10.23.07
Petrotec Suspends Biodiesel Production
German biodiesel producer Petrotec has temporarily stopping biodiesel production...
10.16.07
Global Oilseed Production Forecast Lower
Global oilseed production is forecast to fall 3.8%to 382 million tons over the n...
10.09.07
Global Biodiesel Market To Reach 37 Billion Gallons By 2016
The global biodiesel market is estimated to reach 37 billion gallons by 2016, gr...
10.09.07
Flex-Fuel Cars Are 85% of New Sales in Brazil
Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales...
10.05.07
Banks To Launch $300 Million Islamic "Green Fund"
Amanahraya Investment Bank Ltd (AIB) will launch a $300 million Islamic fund in ...
Flex-Fuel Cars Are 85% of New Sales in Brazil
10.09.07
Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales. By 2020, Petrobras expects these cars to make up 72% of Brazil's light-vehicle fleet, up from 13% in 2006.
By 2020, Brazilians will consume more ethanol than gasoline because flex-fuel cars will dominate the country's car fleet, according to Sergio Gabrielli, CEO of Petrobras. Flex-fuel can run on any mixture of gasoline and ethanol. Gasoline cars are expected to shrink to 13% from 71% over the same period.
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