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 […]
In Brazil, Folha de São Paulo reports the Minister of Mines and Energy says ethanol blending will rise 32% in the first half of the year to reduce the external dependence of the fuel. The country will also seek self-sufficiency in diesel production. The current mixture of ethanol in gasoline is 30%. “The world will […]
In Brazil, expansion of ethanol production from Brazil’s second-crop corn could support the production of Sustainable Aviation Fuel (SAF) while potentially limiting global land-use change and reducing greenhouse gas (GHG) emissions. This is the conclusion of a new study led by Agroicone and published in Agricultural Economics. The research analyzes how rising demand for corn […]
In Brazil, CNN reports that last week the government reinforced the requirement of national origin of biodiesel used in the mandatory mixture of diesel. The decision was taken by the CNPE (National Council of Energy Policy) and recognizes as of interest to energy policy that all biodiesel used in diesel B is produced by units […]
In Israel, Casterra Ag Ltd. announced successful commercial field trials in Brazil, highlighting castor oil as a compelling candidate for economically viable biofuel production. Casterra’s development efforts aim to reduce the farming cost of castor grains for oil production while maintaining farmer profitability. Success in these efforts will enable competitive castor oil pricing across applications, […]
In Brazil, the state government of Bahia has launched The Bahia Bioenergy Atlas, the mapping and quantification tool to determine the technical potential for energy recovery from agricultural, urban, animal, and industrial waste from the sugarcane and pulp and paper sectors in the state. Based on the conversion of biomass into energy, the study identifies […]
