Word: pulp
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Gasohol is 10 per cent ethanol, an alcohol which can be distilled from such materials as grain and wood pulp, and 90 per cent unleaded gasoline. The blend has a slightly higher octane rating than regular unleaded gasoline...
...last year to Brazil's interior, where it began start-up operations six months ago. The centerpiece of an industrial and agricultural complex of audacious scope and cost, the plant stands on a company-owned property of about 5,800 sq. mi., which is larger than Connecticut. The pulp factory and its ancillaries cost $400 million to construct. A companion plant is expected to be towed up the river and put in operation by the mid-1980s. To feed the plants with young trees, a vast reforestation is under way that will clear the land of old growth...
...Japan and devised the means to finance ships through long-term charters. Recalls a former aide: "Often he just sits in his office and thinks three or five years down the road." In the 1950s Ludwig began pondering the world's increasing use, and dwindling supply, of pulp and timber. After surveying sites in Venezuela and elsewhere he settled on Brazil, in part because he found an immense tract for the right price. He bought the land in 1967 for less than $1 an acre...
There is method in Ludwig's mellowness. The Jari project is approaching the crucial second stage of development. The present pulp mill is planned eventually to turn out 750 metric tons daily, making it moderately large by world standards. If the project is to be fully successful, Ludwig needs to install another plant, which might process pulp into newsprint. Luckily, large deposits of kaolin, a white mineral used in papermaking, have been found on the Jari property...
...government requires him to sell all of his rice and most of his paper pulp within the country so that Brazil can save scarce foreign currency. But unless Ludwig can export to hard-currency countries, he will have a difficult time raising money...