Corn ethanol production in Brazil forecast to reach 11 billion liters in 2030/31
January 2, 2024
| Juan Pedro Tomas
In Brazil, Petro Noticias reported that according to growth estimates from the National Corn Ethanol Union (UNEM), corn ethanol production in Brazil is expected to reach 11 billion liters in the 2030/31 campaign, up from the 6.5 billion liters in 2023/24.
“Even with favorable future prospects, the profitability scenario of the Brazilian corn ethanol industry proved challenging from the beginning of the pandemic until mid-2023,” the report stated.
“In this context, the national industry started to invest in increasing the profitability of the operation, becoming a global reference in performance and technology,” it added.
Tags: Brazil, Corn ethanol, UNEM
Category: Fuels