Petrobras inks ethanol supply deal with Toyota arm

Newswire

* Deal is Petrobras first long-term ethanol supply accord * Ethanol to be used by plastics project in Taiwan RIO DE JANEIRO, Oct 29 (Reuters) - Brazilian state oil company Petrobras said on Friday it signed a ten-year ethanol supply contract worth $820 million with Toyota Motor Corp's trading arm Toyota Tsoshu Corp (TTC). "Brazilian sugar cane ethanol will be used as feedstock in a chemical ethanol project that TTC is deploying with a local partner in Taiwan to produce (plastic)," ...

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