In Brazil, Recoleo will begin collecting used cooking oil from more than 800 McDonalds around the country for processing into biodiesel. Before this new contract, the company was already collecting 400,000 liters of used oil per month from 1,500 households and 3,500 businesses while selling biodiesel to 5,000 clients.
In Brazil, the country’s first rocket powered by ethanol and oxygen was tested earlier this month at the Alcântara Launch Center in Maranhão. Led by the Institute of Aeronautics and Space, the launch lasted 3 minutes and 34 seconds, collecting data for the Federal University of Rio Grande do Norte’s space-based GPS system as well […]
In the US, ethanol producers’ stocks took an enormous hit yesterday after Brazil announced it would offer an export tax credit on ethanol. Included in the companies whose prices dipped were Pacific Ethanol and Green Plains, sinking 9% and 4%, respectively. Meantime, potential regulatory changes in the U.S. have already put ethanol makers under pressure. […]
In Brazil, the country will expand a tax credit to sugar and ethanol producers to spur demand for biofuel for the second time this month. Under the program, known as Reintegra, producers will receive a tax credit worth 0.3 percent of their exports. With ethanol demand in Brazil dropping year after year, President Dilma Rousseff […]
In the Philippines, the Sugar Regulatory Administration (SRA) and the Brazilian government are currently drafting a Memorandum of Understanding regarding exchange of information on sugar production techniques. SRA Administratior Ma. Regina Martin recently visited Brazil and said that the Brazilian government was looking to enter cooperations with the Philippines for the use of advanced sugar […]
In Brazil, the first ethanol-propelled rocket was successfully launched by the Institute of Aeronautics and Space (IAE) last week. The launch lasted three minutes and 34 seconds, and worked throughout the 90-second period. The rocket used an engine that utilizes ethanol and liquid oxygen, named the Liquid-Propellant Propulsion Stage, and was developed by Orbital Engineering […]
As many know, Brazilian presidential candidate Eduardo Campos died in a tragic August 13th plane crash, and in recent weeks, Marina Silva has emerged as a new candidate, and it now looks from polling data that she has the support, were the October 5th election held today, to move into an October 26th run-off with […]
Can corn compete in Brazil with cane? Ethanol Baron’s Summit Group to develop $140M corn ethanol project in Mato Grosso
In Iowa, after tipping earlier in the year that there were substantial opportunities in Brazil and Argentina for corn ethanol expansion, “Ethanol Baron” Bruce Rastetter and his Summit Group have announced a $140 million corn ethanol project for Lucas do Rio Verde in Mato Grosso state. Summit Group will finance the project through its US […]
In Brazil, hydrous ethanol prices are strengthening thanks to large purchases of spot volumes. Higher ethanol prices are expected later in the year, so suppliers are starting to build up stocks. Gasoline prices are also expected to rise 5.5% between October and November following the presidential election. When gasoline prices were increased in November 2013, […]
In Brazil, the ethanol industry is standing behind Marina Silva, former environmental minister under former president da Silva and the expected vice-presidential pick from the socialist party’s candidate who was killed Aug. 13 in a plane crash. He had supported better pricing for ethanol and bagasse-based electricity, policies Silva is expected to continue supporting.