In Brazil, “biovegetal” fiber hair extensions produced from corn and soybeans are gaining traction as an affordable, ecofriendly and hypoallergenic alternative to synthetic hair extensions. Fashion and beauty TikTok creator Arielle told The Root the biobased extensions also offer styling and heat resistance characteristics closer to human hair than petroleum-based counterparts. “The bundles was […]
In Brazil, Acelen Renewables announced a $1.5 billion funding package to start the construction of its renewable fuel biorefinery in Bahia. Part of the amount is funded by a consortium supported and led by HSBC and IFC and brings together ten national and international financial institutions: First Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank […]
In Brazil, Forbes reports has officially started the operation of its first corn ethanol plant in Porto Alegre do Norte, in the Araguaia Valley (MT), after obtaining the authorization of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The new facility, according to 3tentos, will process 2,800 metric tons of corn per day. […]
In Brazil, Bloomberg reports Brazil’s record soybean harvest and strong processing activity have created a surplus of soybean oil, driving exports sharply higher after delays in expanding the country’s biodiesel mandate. Although global soybean oil prices have surged this year, Brazilian export prices remain heavily discounted, especially at Paranaguá port. Exports rose 47% through April, […]
In Brazil, FS and AMAGGI have just signed an agreement bringing together one of the leading ethanol producers in Brazil and the country’s largest Brazilian-owned grains and fibers company. The transaction — through which AMAGGI acquires a 40% stake in the share capital of FS — was filed with the Brazilian Antitrust (Cade) and its […]
In Brazil, Atvos announced the first unit focused on the production of corn ethanol, strengthening its performance in the country’s energy security and expanding its contribution to the supply of renewable energy solutions on a global scale. The project contemplates the expansion of the Santa Luzia Unit, in Mato Grosso do Sul, with integration between […]
In Brazil, Valor Economico reports decarbonization credits (CBios), created for distributors to meet their greenhouse gas emission reduction targets in the RenovaBio program, can be used as a “currency” within a new fund created by the manager Iwá. It will be possible to use fund quotas to ensure barter operations between biofuel plants, agricultural input […]
In Brazil, Reuters reports researchers at Brazil’s Mauá Institute of Technology will begin testing higher biodiesel blends in diesel starting in May, focusing on B15 and B20 fuels. Brazil already mandates 15% biodiesel in diesel and 30% ethanol in gasoline, reflecting its strong biofuels sector based on soy and sugarcane. The initiative comes amid global […]
In Brazil, Wilson Sons initiated a pioneering biofuel test on tugboats last week at Ferroport’s iron ore shipping terminal in Porto do Açu, located in São João da Barra, northern Rio de Janeiro. The refueling utilized Be8 BeVant®, developed and patented by Be8, on the tugboat WS Rosalvo, with an expected reduction of up to […]
In Brazil, Bloomberg reports Raizen isn’t out of the water yet as debt holders have demanded 90% of the company in exchange for refinancing just 45% of the company’s debt, compared to the previous 70% that Raizen had already offered for the debt to equity swap. Unibanco and Banco Bradesco are threatening to stop financing […]
