Tag: Brazil

Brazilian August hydrous ethanol demand highest since December

Brazilian August hydrous ethanol demand highest since December

September 26, 2016 |

In Brazil, demand for hydrous ethanol demand has begun to recover after reaching a record high price late last year that drove consumers away from the fuel. In August, hydrous ethanol consumption reached 1.35 billion liters, up 3% from July and the highest since December. Annual consumption through August is down 14% at 9.89 billion […]

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Petrobras may cut gasoline prices that would in turn hurt ethanol producers

Petrobras may cut gasoline prices that would in turn hurt ethanol producers

September 21, 2016 |

In Brazil, Petrobras may cut pump prices for gasoline and diesel for the first time since September 2015 to bring them inline with international competitors but doing so will put a major squeeze on ethanol producers. The state-owned company’s capacity to set prices has been liberated, allowing it to change prices from one day to […]

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Petrobras to back out from biofuels for good

Petrobras to back out from biofuels for good

September 20, 2016 |

In Brazil, Petrobras announced it will refocus its energies on the production of oil products and divest other industries where it participates including biofuels, if the market shows interest to buy its assets. The company owns significant minority shareholding in sugarcane ethanol plants with France’s Tereos International, run locally as Guarani. Petrobras has been reeling […]

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Brazilian anhydrous stocks up 16% on year and on the week but hydrous down 7%

Brazilian anhydrous stocks up 16% on year and on the week but hydrous down 7%

August 31, 2016 |

In Brazil, central-south anhydrous ethanol stocks were up 16% on the year on August 16, also up 16% from the two weeks prior. Anhydrous production for the crush so far this year was at 6 billion liters, 17% higher than last year, following mills’ decisions earlier this season to focus on ethanol over sugar production. […]

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Brazil’s commitment to COP21 after backtracking on ethanol tax exemption

Brazil’s commitment to COP21 after backtracking on ethanol tax exemption

August 30, 2016 |

In Brazil, the country’s decision to backtrack on tax exemptions for ethanol has been criticized not only by the domestic sugarcane industry but also by observers who believe the move goes against Brazil’s commitments to reducing climate change impacts made during the COP21 in Paris last December. Brazil committed to boosting ethanol and biodiesel blending […]

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Brazilian hydrous ethanol sales down 15% on year in July but still high for 2016

Brazilian hydrous ethanol sales down 15% on year in July but still high for 2016

August 25, 2016 |

In Brazil, the National Petroleum Agency ANP said domestic hydrous ethanol sales were down 15% on the year in July at 1.31 billion liters but the volume was 4% higher than in June and the second-highest volume of sales so far in 2016 following May’s record of 1.32 billion liters. Of the total, 93% of […]

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Brazilian government to drop PIS/Cofins tax breaks in December for good

Brazilian government to drop PIS/Cofins tax breaks in December for good

August 25, 2016 |

In Brazil, the government has decided to not renew PIS/Cofins tax breaks at the pump for ethanol following their expiry in December. The effect will be to encourage mills to produce more sugar because ethanol will be less attractive at the pump. The country’s lack of financial strength is the reason for ending the tax […]

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Brazilian researchers develop vehicle that runs 300km+ on one liter of ethanol

Brazilian researchers develop vehicle that runs 300km+ on one liter of ethanol

August 24, 2016 |

In Brazil, researchers at Parana Technological University have developed a prototype vehicle that can run more than 300km on a single liter of ethanol. The prototype vehicle can only carry a single passenger weighing less than 45kg, however. The fuel efficiency partly comes from not going very fast, so the team says it needs to […]

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Northeast Brazilian mills upset but influx of ethanol imports during crush

Northeast Brazilian mills upset but influx of ethanol imports during crush

August 23, 2016 |

In Brazil, the head of the Pernambuco sugarcane union is saddened and frustrated by oil companies importing ethanol from the US despite the crushing season in the northeast region having already begun. About 85 million liters of have been imported during August with as much or more expected to arrive in September. Goias, Minas Gerais […]

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Pakistani ethanol beating out Brazil in key Asian markets

Pakistani ethanol beating out Brazil in key Asian markets

August 23, 2016 |

In South Korea, ethanol importers are buying more supplies from Pakistan rather than its traditional origin Brazil due to a growing price difference. S&P Global Platts reported on Friday that ethanol prices were near a five month high at $5/cu m higher from Brazil’s Paranagua port at $550/cu m. High Brazilian prices in August kept […]

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