Ethanol generates investment and partnerships between producer countries

Investments in research, infrastructure and transportation, and partnerships between ethanol producer countries are the measures required in order to ensure the future of renewable fuels. The statement was made by the vice president of the Archer Daniels Midland Company (ADM), John Rice, during the panel Global Paradigms: The experience of ethanol in the United States and in Brazil, 04th June at the Ethanol Summit 2007 held in the World Trade Center in the southeastern Brazilian city of São Paulo. ADM is the world's largest producer of biodiesel and of maize ethanol.
"In the future, we hope that the developments aimed at increasing productivity in the United States can also be used in other producer countries, such as Brazil," said Rice. The executive said that the company, a global leader in the bio energy market, with annual production of 4 billion litres of ethanol, is going to increase production to 6 billion litres in 2008. The US-based multinational company has been operating in Brazil since 1997.
The president of the São Paulo Sugar Cane Agro Industry Union (UNICA), Eduardo Pereira de Carvalho, also believes a partnership between ethanol producer countries to be the best strategy for the success of renewable fuels. "Maize ethanol produced in the United States does not compete with our ethanol.”
The president of UNICA presented a brief overview of the development of alcohol and ethanol in Brazil. " Today, 30 years after the establishment of the Proálcool (a program for alcohol developed by the Brazilian government), we are living our best phase, one of maturity and innovation," he said.
Carvalho also stated that the environmental issue is crucial to the future of renewable fuels. "Global warming and climate changes have become key issues for the entire world, and we must take advantage of our 140-million-hectare potential for sugar cane production," he claimed.
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