Mitsui & Co. and Petrobras to Sign an MOU for the Feasibility Study for Jointly Promoting the Production and Marketing of Bio-Ethanol.Tokyo, Japan, Apr 10, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Mitsui & Co., Ltd., reached an agreement with Petrobras (Petroleo Brasileiro S.A.), the national petroleum company of Brazil to jointly carry out a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. for promoting the production of bio-ethanol and related products in Brazil and for the marketing of such into the international market.The Memorandum was signed on April 10, during the visit of Mr. Furlan, the Brazilian Minister of Development and Industry to Japan. Bio-ethanol is deemed to be an effective renewable fuel for the purpose of achieving the goals stipulated in the Kyoto Protocol, reduction of Green House Gas.The world's demand for bio-ethanol is on the rise and Brazil produces 35% of all world's bio-ethanol and exports over 2 million kilo Thousand (10 to the 3rd power). Abbreviated "K." For technical specifications, it refers to the precise value 1,024 since computer specifications are based on binary numbers. For example, 64K means 65,536 bytes when referring to memory or storage (64x1024), but a 64K salary means $64,000. litres making it the biggest bio-ethanol exporter of the world. In order to shed light on the issues of stable and economic supply we think it quite important to carry out the feasibility study for production in Brazil and for export marketing. Through the joint implementation the MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. with Petrobras we hope to combine Petrobas's experience and knowledge regarding bio-ethanol with Mitsui's expertise in global marketing and hope to be able to help secure a new energy source of the future and to contribute to the cause of combating global warming through the reduction of CO2 emission. Mitsui & Co., signed a three party MOU with Petrobras and CVRD CVRD Companhia Vale do Rio Doce (Brazilian mining company) CVRD Cowichan Valley Regional District (Vacouver Island, British Columbia, Canada) CVRD Converter, Variable Resistance, to DC Voltage (Compania Vale do Rio Doce S.A.) in May of 2005 to carry out a feasibility study regarding the logistics of bio-ethanol in Brazil.We hope to be able to expand the scope for our study to cover the integrated supply chain from production and logistics in Brazil to global marketing through the conclusion of the MOU with Petrobras. About Mitsui and Co., Ltd. Mitsui and Co., Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 8031) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MITSY) is one of the largest trading houses in the world and is active in a wide range of trading activities, along with the development of energy sources and other natural resources for various industries. These include export, import, domestic and offshore transactions in such industrial materials as steel, non-ferrous metals and chemicals as well as in machinery, electronic and industrial products and lifestyle-related products, including foodstuffs foodstuffs npl → comestibles mpl foodstuffs npl → denrées fpl alimentaires foodstuffs food npl → , textiles and general merchandise. Mitsui is also involved in various businesses related to the aforementioned activities, as well as telecommunications and IT, service businesses and regional development. Source: Mitsui and Co., Ltd. Contact: Mitsui & Co., Ltd. Corporate Communications Division Telephone: +81-3-3285-7596 Facsimile: +81-3-3285-9819 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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