Brazilian executives from the ethanol industry, one of the South American country's most developed biofuel sectors, are in Guatemala to share their experiences and know-how with sugar growers who want to expand the alternative energy industry.

The two-day conference was organized by the Guatemalan Sugar Growers Association, or ASAZGUA, and is taking place in Guatemala City.

"This is a gathering at which we are trying to share experiences and reach agreements to develop production" of biofuels in Guatemala, ASAZGUA manager Armando Boesche told reporters.

Guatemala's sugar industry has the capacity to produce the ethanol needed to mix with conventional fuels up to a 10 percent blend, meeting demand in the Central American country, Boesche said.

Brazil is interested in "sharing its experiences" in the biofuel area, especially about ethanol production, "so they can be applied by the producers" in Guatemala, Flavio Castelar, a member of the Brazilian delegation, said.

Ethanol, made from crops such as sugar cane and corn, is basically grain alcohol. The alternative fuel is usually mixed with unleaded gasoline and can be pumped into vehicles at existing service stations.

Guatemala's five largest sugar refineries produced 200 million liters (52.8 million gallons) of ethanol worth $150 million in 2012, with most of the fuel being sold to businesses and a portion exported. EFE