Economy

CAO: without ethanol, the sugar sector would had faced a crisis worse than the soybean sector

Under the ‘Bolivia in the age of biofuels’ programme, it was agreed to produce 80 million litres of ‘green fuel’ to mix as an additive with petrol and to reduce the import of petrol, which represents, by value, savings for Bs 400 million. The Agricultural Chamber of the East (CAO) through its general manager, Edilberto Osinaga, stated that if the ethanol 92 project was not launched in the national market, the sugar sector would have faced a crisis worse than the one impacted the soybean sector.

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Source: Eju!

Categories:Economy