Higher gasoline prices boosts ethanol industry in Brazil

Global Business

Brazil’s sugar cane farmers may soon reap a financial windfall- thanks to rising gasoline prices.

Brazil has been using ethanol to fuel vehicles since the 1970s, so it’s a well-established practice in the country.

But with growing international demand, the industry is investing heavily in new technologies and processes to maintain its international edge.

CGTN’s Paulo Cabral reports.