It is working on increasing the scale of castor-bean production and developing technology to lower the price of the oil. Petrobras adds it is preparing to enter a new phase in which it will begin extracting oil from castor beans. No specific dates have been given.
Counting castor beans
Rio de Janeiro: Brazilian state oil giant Petrobras is spending millions of dollars on castor beans to use in making biodiesel, but has zero production to show for it. This comes amid local speculation that money is being funnelled to co-operatives for political reasons.
11 June 2009 22:00 GMT
Updated
25 November 2012 9:57 GMT
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