In Brazil, Novacana reports the CEO of Vibra recently said that the company believes in the potential of ethanol as a product to support the journey of the energy transition, but advocated clear regulations, the result of public debates, and predictable agendas regarding changes in the mix. The government has been advocating the change in […]
In Brazil, Finep, Petrobras and BNDESPAR signed a new stage in the structuring of the Investment Fund in Holdings (FIP) focused on Energy Transition and Decarbonization. With the process of setting up the fund in advanced stage and once the regulation is approved by the internal bodies of each quota holder, the Fund initiates the […]
In Brazil, Revistarpa News reports Bioenergética Aroeira, based in Tupaciguara, in Triângulo Mineiro, will invest R$ 750 million in the implementation of a grain-based ethanol plant. Of this amount, R$ 618 million are resources from the National Bank for Economic and Social Development (BNDES), already approved, and the rest are its own resources. The development […]
In Brazil, earlier this month the Secretariat of Environment, Infrastructure and Logistics (Semil), the São Paulo State Research Foundation (Fapesp) and the Polytechnic School of the University of São Paulo (EPUSP), celebrated the partnership for the creation of the biogenic carbon capture and storage technology center (BECCS, Bioenergy with Carbon Capture and Storage), in line […]
In Brazil, Petrobras completed the production and commercialization of the first batch of SAF (Sustainable Aviation Fuel) produced from soybean oil with CORSIA low-risk certification ILUC, which attests to sustainability criteria and lower risk of impact on new areas. The volume marketed, of 3.8 thousand m3, was obtained by co-processing at the Duque de Caxias […]
In Brazil, Zachs Equity Research reports Petrobras is moving forward with its $1.2 billion bioQAV and renewable diesel facility at the Presidente Bernardes Refinery near Sao Paulo. Set to begin commercial production 2030, the expansion project aims to produce 15,000 barrels per day of sustainable fuels, making it one of the largest in Latin America. […]
In Brazil, Reuters reports Cargill is assessing the feasibility of using beef tallow as a biodiesel feedstock in Brazil as U.S. tariffs make exports of the animal fat less attractive. The company currently does not use tallow in its biodiesel operations but is studying its potential, aided by the fact that one of the biodiesel […]
In Brazil, Honeywell announced that its modular Ecofining™ process technology, specialized pumps, compressors, and integrated control and safety systems will help drive sustainable aviation fuel (SAF) and renewable diesel production for Acelen Renewables’ greenfield site in Bahia, Brazil. “Brazil is set to produce the fuel of the future through a project that is sustainable—economically, socially, […]
In Brazil, Bloomberg reports that IG4, recently out of an agreement to take control of the petrochemical giant Braskem, has offered to buy Raízen debt amid a proposed restructuring plan that will convert 45 percent of its debt by about 80 percent of the capital, according to people familiar with the issue who spoke to […]
In Brazil, the International Air Transport Association (IATA) released estimates showing that global Sustainable Aviation Fuel (SAF) production is expected to reach around 2.4 million metric tons in 2026, representing just 0.8% of aviation fuel use, at a cost to airlines of $4.3 billion. “It looks to be another disappointing year for SAF production. Five […]
