Tag: Brazil

Brazilian hydrous ethanol prices rise on stock building demand

Brazilian hydrous ethanol prices rise on stock building demand

July 20, 2016 |

In Brazil, the Centre for Advanced Applied Economics (CEPEA) says hydrous ethanol prices rose last week in the Sao Paulo area to $1.87/gal, up 1.6% on the week, thanks to increased demand for stock building. Sugar mills are switching towards more sugar production thanks to higher prices, which may eventually have an impact on ethanol […]

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Evonik commissions new Biolys® factory in Brazil

Evonik commissions new Biolys® factory in Brazil

July 20, 2016 |

In Brazil, Evonik has commissioned a new plant for the biotechnological production of Biolys® in the Brazilian town of Castro in the state of Paraná. It will have annual production capacity of around 80,000 metric tons. Biolys® is an efficient source of the amino acid L-lysine and is used as a feed additive in modern […]

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Brazilian mills keep focus on ethanol but wet weather means production behind last year

Brazilian mills keep focus on ethanol but wet weather means production behind last year

July 18, 2016 |

In Brazil, sugarcane mills continued to focus on ethanol production during the last half of June thanks to dry weather conditions that helped them bring in a huge amount of cane following weeks that had impeded the crush. Ethanol production is down 4% so far this year as a result of the delays despite more […]

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Brazil wants ethanol to be part of EU-Mercosur trade deal

Brazil wants ethanol to be part of EU-Mercosur trade deal

July 11, 2016 |

In Belgium, Argentina isn’t the only country that wants Europe to make room for its biofuels as part of the current trade negotiations with Mercosur, but Brazil also wants in on the party. The country’s trade minister recently met with the EU’s trade commissioner where he stressed the importance of including ethanol trade in the […]

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Odebrecht Agroindustrial restructures $3.3 billion in debt

Odebrecht Agroindustrial restructures $3.3 billion in debt

July 5, 2016 |

In Brazil, the country’s second-largest ethanol producer Odebrecht Agroindustrial has restructured $3.3 billion in bank loans to 13-year maturities, more in line with the company’s cash flow. As part of the restructuring, the parent company will transfer $1.2 billion in cash and $608 million in assets to the sugar and ethanol-producing unit. Rothschild and Virtus […]

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USDA charts impact of changing oil prices on Brazilian sugarcane, ethanol production: new report

USDA charts impact of changing oil prices on Brazilian sugarcane, ethanol production: new report

July 3, 2016 |

In Washington, the USDA’s Economic Research Service released a new report “Brazil’s Agricultural Land Use and Trade: Effects of Changes in Oil Prices and Ethanol Demand.” In a high-price scenario, the oil price rises 45 percent by 2024. With increasing oil prices, sugarcane area increases by 946,000 hectares during the forecast period, or about 11 […]

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Brazilian researchers determine soy biodiesel doesn’t damage lungs

Brazilian researchers determine soy biodiesel doesn’t damage lungs

June 29, 2016 |

In Brazil, researchers led by the Pontifical Catholic University of Rio de Janeiro have determined that soy-based biodiesel is less toxic to lung cells, provoking no damage unlike fossil-based diesel. The tests exposed particles from combustion of fossil diesel, soy biodiesel, soy biodiesel with additives and ethanol to lung cells. Researchers hope that the results […]

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High sugar prices seen cutting into ethanol production

High sugar prices seen cutting into ethanol production

June 28, 2016 |

In Brazil, sugar fetching the highest prices seen in several years is expected to deter the amount of sugarcane diverted to ethanol production, eventually putting a squeeze on the local ethanol markets as well as those countries who traditionally import. FG/AGRO consultancy told a conference in Sao Paolo that ethanol production could drop to 27.2 […]

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Brazil sets up working group to study higher biodiesel blends

Brazil sets up working group to study higher biodiesel blends

June 20, 2016 |

In Brazil, the Ministry of Mines and Energy has created a working group to study and monitor opportunities to expand the biodiesel blending mandate, currently at 7%. The announcement was published in the federal gazette on Friday. The group will perform tests and tests on higher biodiesel blends, with tests for 10% by March 23, 2017 […]

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ANP biodiesel auction contracts 646.6 million liters

ANP biodiesel auction contracts 646.6 million liters

June 16, 2016 |

In Brazil, ANP’s biodiesel auction on Tuesday saw 646.6 million liters sold, 100% of which has the social seal. The average price was 69 cents per liter, bringing the total value of the contracts to $448.4 million. A total of 31 producers offered 789.97 million liters of biodiesel at the auction that will supply the country’s […]

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