Brazil: A World Leader In The Making
The following is an excerpt from a report that appeared in Reaction Chemical Magazine, discussing Brazil's emergence as a leading chemical producer.
To hear the excerpt, presented by the editor of Doing Business In..., The Global Business Professor, please click on the image below.
Along with key economic advantages and major producers, the Brazilian chemical industry is also taking greater advantage of Brazilian ethanol as a sustainable feedstock for chemical production. First developed in the 1920s from sugar cane feedstock, Brazil’s ethanol production spiked during World War II oil supply shortages when non-petroleum fuel sources were needed for domestic vehicles.
Although production levels declined after the war, interest returned during the first oil shock in 1973. The next year, the Brazilian government began promoting bio-ethanol as a fuel and launched the National Alcohol Program to help phase out automobile fuels based on fossil fuels in favor of ethanol produced from the country’s abundant supply of sugar cane.
Brazil and the US now lead the world in bio-ethanol production, with Brazil as the number one exporter. In 2009 Brazil produced 24.9 billion liters (6.57 billion U.S. gallons), representing over a third of the world’s total ethanol production.
To read the report in its entirety, please follow the link to Doing Business In Brazil: Brazil: A World Leader In The Making
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