All Entries Tagged With: "brazil"
Brazil aims to expand beyond B5 biodiesel mandate “sustainably,” says interminsterial coordinator
In Brazil, iStockAnalyst.com is reporting that Brazil’s coordinator of the Interministerial Executive Committee for Biodiesel, Rodrigo Rodrigues, indicated that Brazil is interested in expanding the biodiesel mandate beyond the B5 level, but that production must be increased in a sustainable manner. The Brazilian Biodiesel Union had indicated previously that it is ready for a B10 [...]
India moves into Brazilian sugar, ethanol – Shree Renuka aquires VDI for $240 million
In India, Shree Renuka Sugars Ltd acquired Brazil’s Vale Do Ivaí SA Açúcar e Álcool for $240 million (Rs 1,112 crore). It is the first Brazilian acquisition by an Indian sugar company – the two countries are ranked first and second in global sugar production.
VDI owns five sugar mills and leases three, with a total [...]
Brazilian Biodiesel Union says new B10/B20 standard will increase demand by 660 Mgy
In Brazil, the head of the Brazilian Biodiesel Union said that the national government’s proposal to move to a B20 biodiesel standard in major cities by 2015 – and a B10 standard throughout the country – would increase demand by 661 million gallons.
The BBU said that Brazilian biodiesel industry has a total capacity of 952 [...]
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 [...]
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