An analyst briefing by Frost & Sullivan on the imminent expansion of the Latin America biofuels market will take place on December 6, 2006 at 1:00pm EST.

In outlining the briefing Frost & Sulivan comments that few places in the globe have the combination of advantages Latin America has such as soil, weather, available land and low labor costs for the production of both bioethanol and biodiesel. In spite of these advantages, Latin America, with the exclusion of Brazil, has done little to explore its potential. However, this situation has begun to change. In the last two years a wave of investments and official government plans have emerged in the region to boost biofuels production in the short to medium term. 

"Most countries in the region are crop suppliers. Hence the opportunity of producing biofuels is more favorable as it has more value added, has a potential of generating more employment and increasing incomes. One of the reasons why some of the Latin American countries are now following the Brazilian example is that with a price of petroleum above $30 per barrel, most of the farmers could gain more profit from producing value added biofuels than from selling the crop itself. Even in Brazil sugarcane growers are increasingly diverting resources from sugar to ethanol production," notes Frost & Sullivan Research Team Leader, Tamara Dvoskin.

To participate in the briefing, please email Trisha Bradley at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. Upon receipt of the above information, a registration link will be emailed to you.