Petrobras will also supply seeds and technical and logistical assistance to the farmers.
Petrobras plan supports local farmers
Banco do Brasil will provide R$90m ($50m) in credit lines for small biodiesel-crop farmers in Brazil. The farmers will then supply castor beans and sunflower seeds to Petrobras Biofuels - a subsidy of the semi-private Petrobras oil company - which has three biodiesel plants.
17 September 2009 22:00 GMT
Updated
25 November 2012 9:40 GMT
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