In Brazil, the government has suspended the PIS / PASEP and COFINS taxes lobbed on biodiesel feedstock sales in an attempt to boost the sector. The suspension applies to cooperatives producing the feedstock as well as processors and companies that store and market feedstocks.
In Brazil, UNICA says hydrous ethanol sales into Brazil’s domestic market by producers in Brazil’s South Central region totaled 1.31 billion liters in October, an increase of 3.51% versus October 2013 (1.26 billion liters). Sales of anhydrous ethanol into Brazil’s domestic market also were up, going from 807.03 million liters in October 2013 to 821.47 […]
In Brazil, between 10,000 and 20,000 cubic meters of ethanol could be heading to the US from the port of Santos, thanks to a weaker Real against the dollar and a recent price rally for ethanol in the US. Platts said bids and offers heard last week were $545/cu m and $555/cu m. The arbitrage […]
In Brazil, EMBRAPA says that the country can boost its bioenergy production enough to achieve its goals by converting just 20% to 30% of the 50 million hectares the agency says is available, without having to encroach on rainforest areas. That would increase crop area under production for bioenergy by six-fold.
In Brazil, BMW has started manufacturing its flex-fuel X1 vehicle at the company’s new manufacturing plant in Santa Catarina. The vehicle uses the sDrive20i powered by a 2-liter gasoline engine with ActiveFlex technology. Last month the company started assembling the 328i ActiveFlex there as well. So far the ActiveFlex technology appears to only be available […]
In Brazil, researchers at the State University of West Paraná are looking at the viability of tilapia oil as a feedstock for biodiesel. The fish itself has about 22% oil content while fish waste has about 6% oil. Guts, fins, heads, skin, and scales are all waste products from fish processing but no oil was […]
In Brazil, UNICA says that Petrobras boosting gasoline prices by 3% won’t have a significant impact on demand for ethanol as pump prices will only go up by about 1.5%. UNICA’s secretary general says that the modest move in prices shows that the government continues to care more about Petrobras than for the ethanol industry […]
In Brazil, falling oil prices are expected to have a negative impact on ethanol producers as the biofuel becomes less competitive against the fossil fuel. As ethanol becomes less competitive, that could force sugar mills—who switched to ethanol to offset lower sugar prices—to move back to sugar, further adding to a global glut. Just over […]
In Brazil, markets reacted poorly to Dilma Rousseff’s re-election on Sunday with Cosan and San Marthino shares sinking while prospects for Petrobras look even worse. Cosan opened down 6% while Petrobras opened down more than 15%. Analysts say the markets will only stabilize once Rousseff announces concrete policies.
In Brazil, Datagro says that ethanol imports are likely to resume and could hit 600 million liters during the intercrop period this marketing year. Drought has cut the cane crush by about 10%, forcing imports already earlier in the year than typical. Most of the ethanol is likely to be sourced from the US.