Brazil Ethanol Market Is Estimated To Witness High Growth
Market Dynamics:The Brazil ethanol market is driven by increasing demand for green fuels to replace fossil fuels. Under the RenovaBio program launched in 2017, oil companies are mandated to blend increasing volumes of sugarcane ethanol to at least 27% nationally by 2030, up from roughly 25% currently. Additionally, growing adoption of flex-fuel light vehicles that can operate on any blend of...
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