BP becomes a penchant for the Cerradinho ethanol?
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Newspaper O Estado noted that discussions between BP and Cerradinho, making ethanol from cane sugar, are underway for a few months.
A spokesman for Cerradinho said could not confirm Po submission but added seeks a partner company.
"Society is to analyse several options and almost a decision, but nothing has not concluded encore.Nous are probably going to have a decision of December", he said.
Completed acquisition would second BP investment in Brazil and his first big purchase biofuels industry since he began to sell assets to pay for the Gulf of the Mexico oil spill.
BP holds a 50pc stake in Tropical Bioenergia since April many 2009.De Brazilian biofuel companies were required to bring to international partners to help fund their rapid expansion.
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