Brazil eyes ethanol export boom after Bush speech

Newswire

By Inae Riveras and Roberto Samora SAO PAULO, Jan 24 (Reuters) - Ethanol producers in Brazil, the world's biggest and cheapest exporter of the alternative fuel, see a fantastic business opportunity in U.S. President George W. Bush's aim to cut his country's gasoline use by 20 percent over a decade. "We've never had such a great opportunity to substitute petroleum," said Luiz Carlos Correa Carvalho, director of Canaplan consultancy at Piracicaba in Brazil's main sugar cane growing state ...

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