Italian firms to invest in Brazil biodiesel plants

Newswire

SAO PAULO, March 26 (Reuters) - Italian companies will invest $480 million to build four biodiesel refineries in Brazil, Italian Prime Minister Romano Prodi said on Monday during a visit to spur commerce between the countries. The agreement is expected to be ratified by Brazilian President Luiz Inacio Lula da Silva on Tuesday, when he meets his Italian counterpart, the head of the Sao Paulo Industry Federation (Fiesp), Paulo Skaf said, after meeting with Prodi. Europe is trying to ...

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