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    Brazil

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    Brazilian Sugar Cane Ethanol - Private Equity, Investors Move In: Investment Challenges And Opportunities

    Friday, October 3rd, 2008

    RedOrbit:
    Following the collapse of global trade talks in Geneva, Brazil threatened to issue a formal complaint to the World Trade Organization regarding the U.S. tariff of 54 cents per gallon on Brazilian sugar cane ethanol. This dispute has added a powerful dimension to the ongoing debate in the U.S. Congress over the controversial tariff, […]

    Brazilian Ethanol Gets Japanese Boost

    Wednesday, October 1st, 2008

    Greentech Media:
    Brazil is getting a big boost from new investments aimed at bringing its ethanol to Japan, even as the ongoing worldwide economic slowdown and deepening credit crisis threatens to delay biofuel projects.
    Itochu, Mitsui, Sumitomo and Toyota are planning to invest about $485 million in Brazilian ethanol plants in the third quarter of this year, […]

    Sumitomo To Form Brazilian Ethanol Joint Venture, Nikkei Says

    Friday, September 19th, 2008

    Bloomberg:
    Sumitomo Corp., Japan’s third-largest trading group, said it is considering a bioethanol joint venture in Brazil as demand increases for renewable energy in the country.
    The venture will aim to start production in 2011, Sumitomo spokesman Koji Furui said today by telephone from Tokyo, without disclosing the identity of the partner. Sumitomo will hold less […]

    Ethanol Surpasses Gasoline In Brazil

    Friday, September 19th, 2008

    Wall Street Journal Blogs:
    If ethanol is losing its lure in the U.S., it’s only increasing its celebrity status in Brazil as the fuel of choice for millions of car owners.
    According to a report released last week by Brazil’s Agriculture Ministry, gasoline is fast becoming the country’s alternative fuel. Ethanol consumption is way up, thanks in […]

    Any Gas Pump Will Do

    Wednesday, September 17th, 2008

    BusinessWeek:
    Watching a program on Brazil’s ethanol-fueled cars one evening in his Streeterville home, Mitch Sremac wondered: What would it take for people in the U.S. to start running their cars on alcohol, too?
    For today’s fleet, his answer was a fuel-conversion kit. After 18 months of tinkering and $1 million from friends and family, Sremac, […]

    Brazil Sees WTO Ethanol Case Against US Soon

    Tuesday, September 2nd, 2008

    Reuters:
    Brazil, the world’s largest ethanol exporter, may soon challenge the United States at the World Trade Organization over its tariffs on imports of the fuel, Foreign Minister Celso Amorim said on Tuesday.
    “My reading is that we have a very strong case and so there is a good chance we will challenge,” Amorim told reporters in […]

    Thanks To ALL, Brazil’s Ethanol Gets On The Right Track

    Friday, August 22nd, 2008

    Brazzil Magazine:
    Brazil-based ALL (América Latina Logística), the largest railway logistics operator in Latin America, is the newest player in the fuel alcohol sector in the state of São Paulo, which is responsible for around 75% of the whole alcohol and sugar production of Brazil. The state produces 24 billion liters of the product per year. […]

    Barbados Considers Brazilian Ethanol Plant

    Wednesday, August 20th, 2008

    International Herald Tribune:
    Brazil is partnering with a Barbados businessman in a proposal to build a US$36 million ethanol plant near the capital.
    Etanol de Costa Rica SA says the plant would produce about 132 million gallons (500 million liters) of ethanol a year, refining ethanol imported from Brazil. Spokesman Fabio Chazyn says the fuel would be […]

    Gevo Seeks Partners To Enter Brazil Ethanol Sector

    Friday, August 1st, 2008

    Reuters:
    Gevo Inc, a U.S. developer of second-generation biofuels, wants to sell in Brazil a new technology that can turn cane-based ethanol into a more expensive biofuel — potentially boosting mills’ profits, an executive said late Thursday.
    With minor equipment changes, the technology allows ethanol mills to produce isobutanol, a biofuel that has an energy content equivalent […]

    Brazil Fines 24 Local Ethanol Producers For Environmental Crimes

    Wednesday, July 2nd, 2008

    International Herald Tribune:
    Brazil has slapped multimillion-dollar fines on 24 ethanol producers accused of environmental crimes in the country’s dwindling Atlantic rain forest, Environment Minister Carlos Minc said Tuesday.
    The companies together face 120 million reals (US$75 million) in fines for operating without licenses and planting sugarcane in illegally deforested parts of one of Brazil’s most threatened […]

    Brazil Signs Deal To Export Sustainable Ethanol

    Thursday, June 26th, 2008

    guardian.co.uk:
    A group of Brazilian ethanol companies signed a deal to export certified sustainable ethanol to Sweden, in the world’s first agreement of such a kind, they said on Wednesday.
    Brazilian groups Cosan, Guarani, NovAmerica and Alcoeste agreed sell to Sweden’s Sekab 115 million liters of anhydrous ethanol that will adhere to certain social and environmental standards.

    “This […]

    Floods Create Opening For Brazilian Ethanol

    Monday, June 23rd, 2008

    Wall Street Journal:
    Floods in the Midwest are making coast-bound shipments of American corn ethanol nearly impossible, creating an opportunity for ethanol from Brazil.
    Demand might really jump if a 54-cents-per-gallon import tariff on Brazilian sugarcane ethanol is removed, which may spark another wave of investment in the South American nation. Two U.S. senators proposed such legislation […]

    Consumers Choose Ethanol In Brazil

    Wednesday, June 18th, 2008

    By Cindy Zimmerman - Domestic Fuel:
    Gasoline is now the “alternative fuel” in Brazil.
    “In the beginning of February of this year, ethanol consumption surpassed that of gasoline,” Joel Velasco of the Brazilian Sugar Cane Industry Association said during an update on Brazil’s ethanol industry at the 2008 Fuel Ethanol Workshop in Nashville Tuesday. “My friends, […]

    Biofuels: Brazil Disputes Cost Of Sugar In The Tank

    Tuesday, June 10th, 2008

    guardian.co.uk:
    The roar of large truck engines is drowned out by the thunderous sound of giant crushing machines and a piercing hiss from steam generators at a sugar-processing plant near the Brazilian city of Sertãozinho.
    The 32-wheeled lorries and trailers - each with 60 tonnes of long, blackened stems of sugar cane protruding from their open tops […]

    New Energy Finance Opens Sao Paulo Office

    Monday, June 9th, 2008

    RedOrbit:
    New Energy Finance opens Sao Paulo office New Energy Finance, the world’s leading independent provider of information and research to investors in clean energy and the carbon markets, has opened its 12th office worldwide, in Sao Paulo, Brazil.
    The office, on Avenida Paulista, was officially opened 6 June 2008 at a celebratory dinner and reception […]

    Ethanol Is Like Cholesterol So Don’t Blame Brazilian Biofuels

    Friday, June 6th, 2008

    Guardian.co.uk:
    Brazil’s President Lula strongly defended his government’s biofuels programme at the UN Food and Agricultural Organisation conference in Rome earlier this week. Since his remarks run directly counter to the Guardian’s call to “use this summit to press the case for stopping biofuel production” in certain circumstances and it is worth elaborating why liberals in […]

    Ethanol May Trade Globally Like Oil If Duties End, Brazil Says

    Thursday, June 5th, 2008

    Bloomberg:
    Elimination of subsidies and duties may help ethanol become a globally traded energy source like crude oil, Antonio de Aguiar Patriota, Brazil’s ambassador to the U.S., said today in Chicago.
    The U.S. imposes a 54-cent-a-gallon tariff on imports of biofuels, including ethanol from Brazil, the largest producer of the alternative fuel from sugar cane. Ethanol […]

    Dow Chem Unit, Brazil Sugar Co To Make Plastic From Ethanol

    Thursday, June 5th, 2008

    CNNMoney:
    Dow Chemical Co.’s (DOW) Brazilian subsidiary is roughly two months away from acquiring farmland to grow sugarcane for ethanol, a company official said Monday.
    Diego Donoso, a sales and marketing manager for Dow in Brazil said the sugarcane grown on the land will be turned into polyethylene plastic under the company’s Dowlex brand.

    The company will be […]

    Brazilian Ethanol Doesn’t Hurt Food Output, Lula Says

    Wednesday, June 4th, 2008

    Bloomberg:
    Brazilian President Luiz Inacio Lula da Silva rejected criticism that ethanol production in Latin America’s biggest nation has cut food output, blaming higher oil prices and farm subsidies for record food prices.
    Analysts and environmentalists have blamed biofuels for part of the increase in costs and food shortages that have sparked riots in more than […]

    Ethanol Fuels Brazil’s Sugar-Cane Industry

    Monday, May 26th, 2008

    Arkansas Democrat Gazette:
    Just a decade ago, the giant Moema ethanol and sugar mill in southeastern Brazil covered less than half of its current 173, 000 acres. It produced mainly sugar.
    That was before world petroleum prices skyrocketed and millions of Brazilians turned to cheaper sugar cane-based ethanol to fuel their vehicles. Now, fuels made from […]

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