Petrobras signs $251M deal for river-barge transport of ethanol

Biofuels Digest
September 13, 2010 Jim Lane

In Brazil, Petrobras has signed a $251 million deal with Estaleiro Rio Tiete to build 20 river-barge trains to cut the cost of shipping ethanol from producers to ports. The 20 pusher-tugs and 80 ethanol barges will be built by Estaleiro Rio Tiete for use on the on the country’s Parana-Tiete river system which runs through the center of the sugarcane-growing region and will move 4 billion liters of ethanol per year.

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