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UNICA says sugarcane ethanol “is a better alternative fuel for the environment than electricity.”

In Brazil, the LA Times is reporting on the Brazilian sugar and ethanol’s continuing push to open up US markets for its ethanol. According to the report, the sugar and ethanol trade association UNICA is suggesting that sugarcane ethanol “is a better alternative fuel for the environment than electricity.” The article also reports on the [...]

Bunge to build up Itaqui as alternative Brazilian ethanol port

In Brazil, Vale and Bunge have announced a partnership to transport 26 Mgy of Bunge ethanol in 2010 via Vale rail to the Itaqui port in Maranhao state. The port will be an alternative to the more southerly ports of Santos and Paranagua.
Bunge is expected to ship up to 79 Mgy through Itaqui by 2012.

Family-run sugar, ethanol mills in Brazil must consolidate, say analysts

In Brazil, analysts commenting on the merger of Louis Dreyfus’ ethanol unit and Santelise Vale noted that “small mills will be squeezed out” in a looming consolidation of the 160 sugar and ethanol groups that control 430 mills and have been running at a loss since 2007. A Wall Street Journal report said that analysts [...]

BP to commence cellulosic ethanol production in Brazil by 2013

In Brazil, BP said that it will commence production of cellulosic ethanol from biomass in Brazil in 2013. BP has a cellulosic ethanol joint venture, Vercipia, with Verenium, and, according to Valor Online that “the first plant for producing second generation ethanol will be constructed in the United States in 2010, with the technology being [...]

Louis Dreyfus injects $463 million in new LDC-SEV bioenergy giant, after LDC Bioenergia, Santelisa Vale merger

In Brazil, LDC-SEV, the company resulting from the merger of LDC Bioenergia and Santelisa Vale, will receive a capital injection of $463 million from Louis Dreyfus, and is expected to have an IPO between 2012 and 2014, according to a report in Bloomberg. Louis Dreyfus, which will own 60 percent of the venture, has said [...]

Brazil to impose B5 biodiesel mandate in 2010, instead of 2013; market may reach 600 Mgy

In Brazil, shares in Brasil Ecodiesel, Brazil’s biggest biodiesel maker, rose to a 13-month high of $0.71 after the national government announced that the B5 biodiesel mandate, originally scheduled for 2013, would take effect in 2010.
The move is expected to increase biodiesel production to as much as 634 million gallons, while the shares outlook was [...]

Brazilian study finds ethat sugarcane ethanol is among “cheapest, easist” methods of reducing GHGs

In Brazil, a study published by the  Interdisciplinary Center of Energy Planning at the University of Campinas found that sugar cane-based ethanol “is among the cheapest and easiest ways to reduce greenhouse gas emissions”, providing an 8:1 energy return on energy invested and competitive with gasoline on price. The study found that ethanol reduced overall [...]

ETH Bioenergia, Braskem sign three-year, 39 million gallons ethanol deal

In Brazil, ETH Bioenergia announced that it has signed a three year agreement with Braskem to supply 40 million gallons of ethanol to the petrochemical giant. ETH’s management said that the off-take deal would take effect in the second half of 2010.
ETH, which is a subsidiary of Odebrecht and reportedly is in merger talks with [...]

Petrobras targets 15 percent ethanol, 25 percent biodiesel market share in Brazil

In Brazil, Petrobras Biocombustível CEO Miguel Rossetto said that the Brazilian state oil giant has targeted $2 billion in biodiesel and ethanol investment through 2013, and aims to achieve a 15 percent share of the Brazilian ethanol market and up to 25 percent market share in biodiesel.
Rossetto said that the company will commence ethanol production [...]

UNICA says EPA is undercounting GHG emission reduction in Brazilian ethanol

In Brazil, UNICA released details of its 4-page response to the US EPA, UNICA suggested that EPA is wrong in concluding that Brazilian cane ethanol reduces GHG emissions by 44% considering a 2005 gasoline baseline.
UNICA said that the actual figure is an 82 percent reduction in GHGs.  out that sugarcane ethanol would reduce GHG emissions [...]