SAO PAULO – Brazil’s Minister of Agriculture Roberto Rodrigues announces the level of alcohol mixed in gasoline, currently 20%, will be increased to 25% in July. Sugar cane producers and refineries already have an agreement to produce 397 million gallons (1.5 billion liters) of alcohol fuel this year to guarantee supplies (see related story: VW Brazil Asks for Tax Break on Flex-Fuel Cars). Alcohol fuel prices will remain at 60% of gasoline prices to compensate for the lower mileage. The ...
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