Mills investing in expanding sugar production capacity ahead of 2023/24 appears to be likely, according to Valor Economico.
Brazil – Raw sugar futures fall as the new government extends relief on fuel duties [Full subscriber]
To pre-empt the impact of rising fuel prices at pumps (and inflation) during the first few days in his office, Brazil’s new President Luiz Inacio Lula da Silva passed a decree that keeps fuels exempt from federal taxes on January 2. This is likely to impact sugar and ethanol companies negatively.
Brazil – Shell invests BRL30 million to research ethanol production from agave in the semi-arid Northeast [Full subscriber]
Shell Brasil is partnering with the State University of Campinas (Unicamp) to research the production and viability of agave for ethanol production in Northeastern Brazil, where it is semi-arid.
Brazil – Shell reaches long-term deal with Raizen for the supply of 3.25 billion litres of cellulosic ethanol [Full subscriber]
The energy giant Shell recently entered into a long-term agreement with its subsidiary Raizen whereby it will buy 3.25 billion litres of cellulosic ethanol produced from cane crop residues plus bagasse-based, according to local press reports.
Brazil – The emerging biogas sector needs to traverse the pipeline network hurdle [Full subscriber]
Opportunities for biogas and biomethane businesses are expanding in Brazil. However, according to industry executives, difficulties, especially in the distribution of fuel throughout the country, are still an obstacle to launching investments.
EU adjusts sugar quota for Brazil now that UK is not in the EU [Full subscriber]
Brazil and the European Union (EU) have concluded a bilateral agreement whereby low-tariff quotas for several agricultural products, including sugar, have been recalibrated following United Kingdom’s exit from the EU, reported Valor Economico.
Brazil – Raizen starts integrating Biosev’s cane growers so that they can benefit from a range of services [Full subscriber]
Following the acquisition of Biosev from Louis Dreyfus Company (LDC) over 18 months ago, Raízen has commenced introducing some 350 cane growers to the company’s suppliers so that they can fully benefit from a range of services, including access to rural credit, production technologies and an input purchasing pool.
Brazil – Cotrijal investing over US$ million to build a new grain-based ethanol plant in Rio Grande do Sul [Full subscriber]
The Rio Grande do Sul cooperative Cotrijal will invest around BRL300 million (US$58.3 million) in building a new ethanol production plant in the municipality of Não-Me-Toque, where it already produces animal feed, grains and pesticides.
Brazil – Shell to finance two new ethanol-to-hydrogen plants [Full subscriber]
Shell Brazil, Raízen, Hytron, University of São Paulo (USP) and SENAI CETIQT recently signed a cooperation agreement to construct two plants to produce renewable hydrogen (H2) from ethanol.
Brazil – BSBios investing in new build wheat-ethanol plant in Rio Grande do Sul [Full subscriber]
Brazil’s largest biodiesel producer BSBios will build the country’s first wheat-based ethanol, according to the chief executive.
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
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