Posted By RichC on June 24, 2006
A Businessweek article detailed a push in Brazil to use soy and other oil seed vegetable oils with their petroleum diesel. Brazil is already a leader in moving to ethanol, and this new biofuel will add to its sugarcane alcohol fuel.
Petrobras, the state-run oil company Petroleo Brasileiro SA, said the new fuel, called H-Bio, was developed over 18 months by mixing refinery petroleum with oil from soy, sunflower seeds, cotton and castor beans. The new H-Bio fuel is different from biodiesel in that it is not processed but that the oil is blended in amounts up to 15% with petroleum diesel at the refinery level.
Petrobras predicted that three refineries would produce the new fuel by 2007.