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 […]
In Brazil, Honeywell announced that Petrobras has selected Honeywell UOP’s Ethanol-to-Jet (ETJ) process technology for project development at its REPLAN refinery in São Paulo, Brazil. Once approved, the project will deliver up to 10,000 barrels per day of sustainable aviation fuel (SAF), representing the first large-scale ETJ initiative in Latin America. By leveraging ethanol from […]
In Brazil, Vale and Shandong Shipping Corporation have concluded an agreement for new ethanol-powered Guaibamax vessels, which are scheduled for delivery starting in 2029. The agreement marks an unprecedented milestone for global iron ore transport: this is the first time in the maritime industry that ethanol will be used as the primary fuel on an ocean-going vessel. With the potential to reduce carbon […]
In Brazil, Reuters reports the country is looking to fast track testing on blends of up to 20% biodiesel as it looks for ways to offset increased fuel costs in the wake of the war in the Middle East. At the moment, only one lab is handling testing which will take 14 months to get […]
In Brazil, Reuters reports Vale has agreed to charter new ethanol-powered Guaibamax grade vessels from Shandong Shipping Corporation, the first of which will be ready for commissioning before the end of the decade. The 25-year charter agreement is set to reduce iron ore shipping emissions by 90% in the first ever charter for vessels whose […]
