Tag: Brazil

Petrobras to sell ISCC certified B24 in Rio Grande

Petrobras to sell ISCC certified B24 in Rio Grande

January 30, 2025 |

In Brazil, on January 16, Petrobras secured ISCC EU RED certification to sell bunker fuel with 24% biodiesel at the Rio Grande Terminal in southern Brazil, making it the first company in the country to receive such certification for renewable marine fuel. The certification ensures traceability and emissions reductions in VLS B24, a fuel blend […]

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Progresso group to invest $200M in corn-based ethanol

Progresso group to invest $200M in corn-based ethanol

January 27, 2025 |

In Brazil, NovaCana reports the Progresso group is making its first investments in a corn ethanol plant that is being built in Uruçuí (PI) and which is expected to start crushing grains between June and July 2026. With a total investment of R$1.18 billion, the project is being carried out in partnership with Brasil Bioenergia […]

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IFC to provide São Martinho with $165M for RNG from sugarcane vinasse

IFC to provide São Martinho with $165M for RNG from sugarcane vinasse

January 27, 2025 |

In Brazil, the International Finance Corporation (IFC), a member of the World Bank Group, is providing an up to $165 million financing to São Martinho S.A., one of Brazil’s leading producers of sugar, ethanol, and renewable energy. This investment aims to support the company’s decarbonization efforts in the agribusiness sector, contributing to climate change mitigation […]

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Brazilian soybean exports forecasted to grow 8% this year, consultancy finds 

Brazilian soybean exports forecasted to grow 8% this year, consultancy finds 

January 27, 2025 |

In Brazil, Portal do Agronegocios reported that Brazil’s soybean exports are projected to reach 107 million tons in 2025, marking an 8% increase from the 98.8 million tons exported in 2024.  The data was released by consultancy Safras & Mercado, which presented the sector’s supply and demand estimates. This forecast represents a revision compared to […]

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Brazil’s soybean crop to reach 170.7 million tons in 2024/25, report finds

Brazil’s soybean crop to reach 170.7 million tons in 2024/25, report finds

January 27, 2025 |

In Brazil, Noticias Agricolas reported that Brazil’s soybean production is expected to reach a record 170.72 million tons in 2024/25, up 15.6% from the previous season, according to Hedgepoint Global Markets. In a report, the consultancy estimated a soybean planted area of ​​47.54 million hectares this season, also pointing to a new record, while average […]

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À_SOMBRA mycelium burial urn embraces ecological regeneration

À_SOMBRA mycelium burial urn embraces ecological regeneration

January 20, 2025 |

In Brazil, the À_SOMBRA project has added a new eco-friendly end-of-life option. Designed by João Pedro Alves Cavalcanti and Jeanine Torres Geammal from the Federal University of Rio de Janeiro, À_SOMBRA consists of a biodegradable urn made from mycelium, the root system of mushrooms. The designers were inspired by the Gaia hypothesis, which posits an […]

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Anec raises forecasts for Brazil’s soybean, corn and wheat exports in January

Anec raises forecasts for Brazil’s soybean, corn and wheat exports in January

January 19, 2025 |

In Brazil, Dinheiro Rural reported that Brazil’s exports of soybeans, soybean meal, corn and wheat in January are expected to end January above initial projections, according to data by the National Association of Cereal Exporters (Anec). The country’s soybean shipments were estimated at 2.19 million tons, compared to 1.71 million in the previous week’s projection. […]

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Brazil’s soybean production to reach over 172 million tons this cycle, report finds

Brazil’s soybean production to reach over 172 million tons this cycle, report finds

January 19, 2025 |

In Brazil, Globo Rural reported that Brazil is expected to harvest a record soybean crop in 2024/25, valued at 172.4 million tons, according to an estimate by Agroconsult. If confirmed, the volume will represent a growth of 10.9% compared to the result of 2023/24. According to the consultancy, the start of the current season was […]

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BNDES provides financing for ethanol, biomass-fired power production in Brazil

BNDES provides financing for ethanol, biomass-fired power production in Brazil

January 19, 2025 |

In Bulgaria, Renewables Now reported that the Brazilian Development Bank (BNDES) has granted a $36.1 million loan to back the expansion of ethanol production and power generation from sugarcane biomass in Minas Gerais state. The funds will enable local company Companhia Mineira de Acucar e Álcool (CMAA) to add up to 34 MW of installed […]

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BNDES approves $79.2M for CMAA to expand ethanol and bioenergy production

BNDES approves $79.2M for CMAA to expand ethanol and bioenergy production

January 14, 2025 |

In Brazil, the National Bank for Economic and Social Development (BNDES) approved financing totaling R$480 million for the industrial units of Companhia Mineira de Açúcar e Álcool (CMAA) to expand ethanol production and energy generation from biomass. sugarcane, and for industrial modernization and equipment acquisition. With R$220 million from the Climate Fund, Vale do Pontal […]

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