Tag: Brazil

Bunge and BP may team up in mega sugar/ethanol JV to rival Raizen

Bunge and BP may team up in mega sugar/ethanol JV to rival Raizen

July 10, 2019 |

In Brazil, Bloomberg reports that BP is looking to team up with Bunge on a joint venture that would link up sugar and ethanol assets that would create a similar giant to Shell’s JV with Cosan, Raizen. Bunge has been looking to offload its sugar assets in Brazil for a number of years with no […]

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Toyota to roll out hybrid ethanol Corolla from October but price still unknown

Toyota to roll out hybrid ethanol Corolla from October but price still unknown

July 10, 2019 |

In Brazil, Bloomberg reports that Toyota plans to roll out its hybrid ethanol Corolla in October while planning future roll outs in other Latin American countries with strong ethanol industries including Argentina, Chile, Colombia, Paraguay, Peru and Uruguay. As many as 70,000 of the hybrid vehicles will be produced at the company’s Sao Paolo manufacturing […]

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Harsh frosts hit Brazilian cane areas but extent of damage not yet known

Harsh frosts hit Brazilian cane areas but extent of damage not yet known

July 9, 2019 |

In Brazil, Reuters reports that harsh frosts over the weekend have hit sugarcane growing areas across the country, with Sao Martinho reporting as much as 12,000 hectares of its cane plantations have been impacted. The company said it expects impacts to be minor, however it is still evaluating. Mills across the country are surveying impacted […]

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Latest resolution signed into RenovaBio to further boost Brazil’s ethanol sector

Latest resolution signed into RenovaBio to further boost Brazil’s ethanol sector

July 7, 2019 |

In Brazil, a new regulation, Resolution No. 791, recently signed by the Ministry of Mines and Energy into the country’s national biofuels policy, RenovaBio, is expected to boost the ethanol sector with the new decarbonization targets for fuel distributors. RenovaBio will come into full force in January 2020 and is estimated to include investments of […]

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Brazilian ethanol sales top 1.3 billion liters during H1 June

Brazilian ethanol sales top 1.3 billion liters during H1 June

July 1, 2019 |

In Brazil, Renewables Now reports that 1.30 billion liters of ethanol were sold during the first half of June, of which 902 million liters was hydrous ethanol and the remainder was anhydrous. Only 42.30 million liters of the total was meant for export while the rest was for domestic consumption. During the same period, hydrous […]

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Analysts see Brazilian mills boosting use of cane towards even more ethanol in H1 June

Analysts see Brazilian mills boosting use of cane towards even more ethanol in H1 June

June 25, 2019 |

In Brazil, a Platts survey reports that a survey of analysts estimates mills shifted their cane crush even more towards ethanol during the first half of June, an increase of 1.4 percentage points to 64.1% of the total 42.9 million metric tons of cane they expect were crushed during the period. A total of 2.11 […]

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Brazilian mega-giant Odebrecht granted bankruptcy protection

Brazilian mega-giant Odebrecht granted bankruptcy protection

June 25, 2019 |

In Brazil, Reuters reports that corporate giant Odebrecht filed for bankruptcy protection last week which was approved the next day by a judge so it could start restructuring $13 billion in debt, one of the largest in-court bankruptcies in all of Latin America. The company won’t be letting go of its stakes in ethanol producer […]

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SAF taking off in Brazil with Boeing, RSB, WWF collaboration

SAF taking off in Brazil with Boeing, RSB, WWF collaboration

June 22, 2019 |

Boeing announced a big bucks $1 million investment into the Brazilian bioeconomy, working with WWF and RSB. But these three amigos aren’t big cowboy movie stars from the silent era, but like the comedic Steve Martin, Chevy Chase, and Martin Short, these three powerhouses realize that working together gets a heck of a lot more done than working […]

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Sao Martinho to co-locate $94 million corn-based ethanol plant at Goiás sugar mill

Sao Martinho to co-locate $94 million corn-based ethanol plant at Goiás sugar mill

June 20, 2019 |

In Brazil, Reuters reports that Sao Martinho plans to invest more than $94 million in a new corn-based ethanol plant in Quirinópolis in Goiás, co-located with its Boa Vista mill. The new facility will produce 200 million liters of hydrous ethanol annually along with 140,000 metric tons of DDGS, but the company did not say […]

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US looking to import Latin American corn for ethanol feedstock

US looking to import Latin American corn for ethanol feedstock

June 18, 2019 |

In Brazil, the CEO of the Renewable Fuels Association told Reuters that due to the wet Midwestern weather that has negatively impacted corn planting and pushed corn prices to five-year highs that US ethanol producers are looking to import Brazilian corn for feedstock. Though he said he hadn’t heard of actual trades yet, Agroconsult said […]

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