Article: BRAZIL, JAPAN'S OIL COMPANIES FORM JOINT ETHANOL PROJECT

Brazil's state-owned oil company, Petrobras, announced recently that its subsidiary, Petrobras Internacional Braspetro BV, and Japan's state-owned Nippon Alcohol Hanbai K.K. are forming Brazil-Japan Ethanol Co., Ltd., in Japan.

Petrobras and Nippon Alcohol Hanbai will share ownership of the company equally. "The new ...

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