In Brazil, John Kaweske founder of Bio Clean Energy SA has filed a civil RICO action in the United States District Court for the Southern District of New York Case # 25CV 6588 seeking approximately $1 billion in damages. The complaint alleges a coordinated scheme by Tricon Energy, Banco Bradesco SA, and Sérgio Bermudes Advogados […]
In Brazil, El Periodico de Energia reports that contrary to O Globo’s report over the weekend that Petrobras is in negotiations with Cosan to invest in the company’s sugarcane-based ethanol production, Petrobras has denied those conversations, following a request for clarification from the Securities Commission (CVM) on information published by the Brazilian press. The regulator […]
In Washington, Brazil’s punitive ethanol tariff regime and restrictive regulations demonstrate that the country is clearly not committed to fair and reciprocal trade in ethanol, the Renewable Fuels Association said in comments sent Monday evening to the U.S. Trade Representative, which is investigating Brazil’s trade practices. As a result of Brazil’s volatile application of tariff […]
In Brazil, Terra reports Cargill Bioenergia will build a unit producing corn ethanol attached to its sugar cane plant in Cachoeira Dourada (GO), the company’s press office said on Friday. The business model will be the same as the company has in Quirinópolis (GO), where the biofuels division of Cargill in Brazil already produces ethanol […]
In Brazil, O Globo reports Petrobras has on the table to invest in Raízen, a joint venture between Cosan and Shell. According to industry sources, the state-owned company analyzes several possibilities, such as becoming a partner of the company or buying assets, which would mark its return to the ethanol sector, a strategy already announced […]
In Brazil, the National Bank for Economic and Social Development (BNDES) approved financing of R$ 625 million for the implementation of a new corn ethanol plant by São Martinho S/A. The project will allow the company to expand production at the Boa Vista Unit, an industrial complex located in Quirinópolis (GO), and will contribute to […]
In Brazil, Agave tequilana, a plant widely used in Mexico in the production of tequila, begins to gain new uses in Brazil. In a research conducted by Embrapa Cotton (PB) in partnership with the company Santa Anna Bioenergia (BA), the species is being studied as an alternative for ethanol production, carbon sequestration and animal feed. […]
In Brazil, CEPEA reports prices for both anhydrous and hydrous ethanol rose more significantly in the last week of July in São Paulo state. Besides the fact that the production mix is higher for sugar and the smaller ethanol production, sellers were firm, asking for higher quotations. Between July 28 and August 1st, the CEPEA/ESALQ […]
In Brazil, Potential Group will invest R$ 2 billion in the construction of a corn ethanol plant in Lapa (PR), where the company projects to have a mega-complex of biofuels taking advantage of the potential of Paraná as a major grain producer and the growing demand for bioenergy, the company’s vice president, Carlos Eduardo Hammerschmidt, […]
In Brazil, Cemvita recently signed an engagement agreement with Invest RS, formalizing its plan to build a facility in Rio Grande do Sul, Brazil, for the production of FermOil™. This sustainable oil will be used as feedstock for Sustainable Aviation Fuel (SAF) production. The plant will also produce FermNPK™, an innovative biofertilizer that supports regenerative […]
