Philippe reichstul knew there was money to be made in ethanol. But the former president of Brazil's state oil company, Petrobras, also realized he needed deep-pocketed investors to make a mark in the fast-growing biofuels field. So when he heard last year that AOL co-founder Steve Case was interested in a small venture to produce sugarcane ethanol, Reichstul was eager to get in touch. But forget about anything pint-sized. "It had to be something large," Reichstul says.
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