In Brazil, Bloomberg reports that Raizen was the first to reach the holy grail: access to the US’s sustainable aviation fuel market. The company sent a cargo of sugarcane-based ethanol to the US as SAF feedstock in March, with Datagro data confirming 25,000 liters went to Savannah, Georgia near LanzaJet’s SAF facility. Lanzajet says it […]
In Brazil, Bloomberg reports Sao Martinho expects it will beat domestically-grown corn-based ethanol as the first Sustainable Aviation Fuel feedstock in the US, thanks to landing required certifications, including the one from Corsia as well as EPA registration. The company expects to produce between 3.4 million and 4 million gallons of sugarcane ethanol for export […]
In Brazil, Bloomberg reports that despite presure from the Biden Administration, Brazil will continue to apply tariffs on US origin ethanol to protect its ethanol producers. Brazil would be open to lower tariffs, however, if tariffs into the US market allowed for more Brazilian sugarcane-based ethanol for Sustainable Aviation Fuel. By “growing the pie”, there […]
In Brazil, Reuters reports that sugarcane millers have decided to leave the ethanol market to their corn-based bretheren, at least in part, in order to produce more sugar, which currently provides a better return. When the next sugarcane season kicks off in April, millers plan to divert 10% more cane towards sugar production instead of […]
In Brazil, in order to promote environmental education and encourage the circular economy, an Oleo Amigo program, created by Biopower, a company of JBS producing biodiesel, grew almost 15% in 2023, with the collection of 4.5 million liters of cooking oil. In about eight years of the program’s existence, more than 26 million liters of […]
In Brazil, FS, one of the largest ethanol and animal nutrition producers in Brazil, is the first Brazilian corn ethanol industry to receive the ISCC international certification (International Sustainability & Carbon Certification), attesting that its production process meets international requirements for the production and supply of ethanol and corn oil for the production of SAF […]
In Brazil, Bloomberg reports Raízen Fuels Finance recently enquired with some banks regarding sustainability-linked bond sales, allowing it to sell debt to fund ethanol projects, just a week after it said it is mulling investing in sustainable aviation fuels. The program has been in place internally since 2022. The company has announed a 5.3% offer […]
In Brazil, Petrobras and ArcelorMittal Brasil signed a Memorandum of Understanding (MoU) with the purpose of studying potential mutually beneficial business models in the low-carbon economy. The companies will seek to identify commercial opportunities and potential partnerships in Brazil that are aligned with their diversification and decarbonization strategies. The extensive cooperation stems from synergies identified […]
In Brazil, Bloomberg reports that São Martinho’s chief financial officer believes the gold rush to produce ethanol from corn in the country is coming to an end, saying that such plants are no longer economical. The company just commissioned a corn-based ethanol plant. Over the next few years, another 2.5 billion liters of installed capacity […]
In Brazil, the ministers of the governments of Bolivia and Brazil signed a Memorandum of Understanding (MoU) with the purpose of expanding cooperation in biofuels, biotechnology and fertilizer trade. According to the agreement, both governments also commit to contributing to the development of regulatory, technological and methodological policies in determining prices for the fertilizer and […]
