The Advanced Biofuels Markets conference is underway in San Francisco and many advanced biofuels companies have been making announcements. One of these companies is Cobalt Technologies who has announced that Bunge Global Innovation has joined its Cobalt’s Series E Preferred Stock round an a strategic investor. The investment comes on the heels of Cobalt’s agreement with Bunge and specialty chemicals …
Cobalt & Rhodia to Build Biobutanol Plant
Cobalt Technologies and Rhodia, a member of the Solvay Group, is partnering to develop and operate a biobutanol demonstration facility in Brazil. The plant will use Cobalt’s technology to convert bagasse (sugarcane by-product) and other local feedstock into bio n-butanol, which can be used as both a transportation fuel or industrial chemical. “This agreement puts us on a clear path towards commercialization, …
Solazyme & Bunge Break Ground on Facility in Brazil
Renewable oil producer Solazyme, Inc. and agribusiness and food company Bunge Limited broke ground on a 100,000 metric ton renewable oil facility right next to Bunge’s Moema sugarcane mill in Brazil. This press release says that the companies have also brought on as general manager Hildo Henz, an experienced engineer who has led major refinery projects during his career, to …
UnicaData Goes Live Providing Cane Industry Data
The Brazilian Sugarcane Industry Association (UNICA) has unveiled new industry data and statistics. UnicaData is a customizable tool designed to provide detailed industry information focused on the cane industry in Brazil. The free data is derived from third party institutions and features information on areas such as: Sugarcane harvest Quality of harvested cane Harvest projections Sugarcane production and processing …
UNICA Announces Interim CEO
The Brazilian Sugarcane Industry Association (UNICA) today announced the appointment of an interim CEO to replace Marcos Jank, who announced his resignation on March 27th. UNICA’s Board of Directors has named the organization’s Technical Director, Antonio de Padua Rodrigues, to serve as interim CEO during the selection process, now underway, for a new chief executive. A member of the executive …
Brazil Expects More Cane and More Ethanol in 2012
Brazil is expecting more sugarcane and more ethanol production in 2012. According to the Brazilian Sugarcane Industry Association (UNICA), the forecast for the 2012/2013 sugarcane harvest calls for 509 million tons, up 3.19% compared to the total amount of sugarcane processed in the previous harvest, which totalled 493.26 million tons. Data collected by UNICA, together with satellite image mapping of …
Rabobank Studies Future of Ethanol for Brazil and U.S.
A report from Rabobank’s global Food & Agribusiness Research and Advisory department is looking at the future of ethanol from the perspectives of both Brazilian and United States markets. Rabobank first points out significant changes in U.S. ethanol policy starting in 2012. The VEETC blending credit and a tax on ethanol imports both expired in December 2011 and U.S. ethanol …
Brazil to Invest $38 Billion in Pumping Up Ethanol
Brazil is reportedly planning to pump $38 billion into its ethanol sector to help increase production. A statement from Brazil’s Ministry of Agriculture said the purpose of the government plan is to “meet growing national demand and the potential of the foreign market for ethanol” by stimulating private sector investments in the production of ethanol, which have declined due to …
Brazil Ethanol Sales Down
A lower percentage of ethanol required to be blended with gasoline in Brazil is resulting in lower ethanol sales, according to the Brazilian Sugarcane Industry Association (UNICA). UNICA reports that ethanol sales by mills in the South-Central region totaled 1.29 billion liters in January, a drop of 32.32% compared to the 1.90 billion liters sold during the same period in …
Sao Paulo Ethanol Import Tax Could Violate GATT
*Updated with clarification comments from UNICA* The president of the Renewable Fuels Association (RFA) this week wrote a letter to the U.S. Trade Ambassador asking for an investigation into news that the Brazilian state of Sao Paulo was imposing a 25% tax on all imported ethanol. “Because ethanol produced in Sao Paulo is tax exempt, ethanol imported into Sao Paulo …