Bloomberg News

Brazil Creates Stimulus Package for Ethanol Industry, Valor Says

May 31, 2012

Brazil is developing a fiscal stimulus package for the nation’s ethanol industry to boost its competitiveness, Valor Economico reported, citing a government official it didn’t identify.

The package may include tax breaks on investments made in new plants and on ethanol production, the Sao Paulo-based newspaper said today.

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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