Brazil Ethanol

CHICAGO--(BUSINESS WIRE)--Sept. 6, 2006--Diversified Ethanol a division of James Monroe Capital Corporation (Pink Sheets: JMCP) has successfully used cheap, ultrasonic energy to break down corn--cold, which can result in ethanol plants using 20% less corn to get the same amount of sugars, and continues patent process, and refined processes with engineering companies who have patents on special new high-power ultrasonic devices.

Diversified Ethanol's Taylor Moffitt said, "When the Ethanol shortfall widened in June, with Brazil ethanol imports rising up to $3.97, we knew this was the right time to introduce new technology, which can revolutionize the ethanol industry. As plants try to keep up with the blending demands for ethanol with MTBE being dropped, a 20% increase in production can mean a big increase in profit margins, since no more feedstock is needed at all.

HOUSTON -- Gulf Ethanol Corporation (Pink Sheets:GFET) expands South American business markets for raw ethanol and blended fuels required for E85 and flex fuel vehicles. Flourishing business developments have allowed the expansion of Gulf Ethanol's supplier network into Brazil and surrounding countries, where total producing and potential deliverables reach over 1.65 billion gallons per year of blended fuel and raw ethanol for distribution.

As recently as August, General Motors, Ford, and DaimlerChrysler have all said that they are committed to doubling their production of Flex Fuel vehicles by 2010.

DR. Edmund Maduabebe Daukoru, the Minister of State for Petroleum and President of the Organisation of Petroleum Exporting Countries recently visited some countries including the USA, China and Brazil where he among other things sort to consolidate ongoing discussions with foreign investors. In this interview with Hector Igbikiowubo of the Vanguard Newspapers, he also talks about plans for a major oil blocks licensing round before the end of the year, use of ethanol fuel, the refineries, fuel subsidy and other burning issues.

Sept. 12 (Bloomberg) -- Brazilian ethanol exports may grow ``exponentially'' on demand from Japan should the country implement plans to promote blended fuel, said Paulo Roberto Costa, refining chief at Petroleo Brasileiro SA.

Petrobras is seeking to increase ethanol exports to help the government expand agricultural output and prevent poor farmers from migrating to the cities. The government-controlled company also views ethanol as way to extend the life of its oil reserves and allow more time to develop other alternatives to petroleum, Costa said.