Brazil
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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 […]
Ethanol May Trade Globally Like Oil If Duties End, Brazil Says
Thursday, June 5th, 2008Bloomberg:
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, 2008CNNMoney:
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, 2008Bloomberg:
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, 2008Arkansas 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 […]
Ethanol Operator Fittipaldi To Drive E85 Indy Pace Car
Friday, May 23rd, 2008Hoosier Ag Today:
When Emerson Fittipaldi received the invitation to drive the pace car for the Indianapolis 500 this year, it made sense for 3 reasons. First was IMS itself. Then there was Chevrolet and ethanol. Fittipaldi is a 2-time 500 winner using Chevrolet power in both wins. He is also an ethanol producer in Brazil […]
Fiat Likely To Invest E10 Million On Ethanol Engines
Friday, May 2nd, 2008RedOrbit:
Fiat Powertrain Technologies is planning to invest about E10 million in developing an ethanol-powered engine to be used in trucks and agricultural machinery in Brazil, Reuters has reported quoting Franco Ciranni, the company’s regional manager.
The company expects to launch the engine by 2010. Experts say that the engine will not face any danger from […]
Brazil Goes Investment-Grade
Friday, May 2nd, 2008MSNBC:
Just five years ago, it would have been impossible to envision Brazil as an investment-grade country: The South American nation was strapped with billions in debt, and many investors believed the new, leftist President would ramp up already-high government spending. But President Luiz Incio Lula da Silva — a former firebrand labor unionist elected in […]
Outside The Box: Investing In Brazil
Thursday, May 1st, 2008Inside Futures:
To find one of the hottest emerging markets on the planet, you don’t need to look any farther than the country of Brazil. For instance, consider the iShares MSCI Brazil Index (EWZ) surged over 74 percent in 2007 and has posted an average of 56 percent over the past three years. In addition, China’s […]
German Minister Approves Brazil Ethanol
Wednesday, April 30th, 2008Houston Chronicle:
Germany’s environment minister is convinced Brazil’s biofuel production does not harm the environment or cause high food prices as some critics maintain.
Sigmar Gabriel made his remarks after meeting with his Brazilian counterpart in the capital of Brasilia.
Brazilian Environment Minister Marina Silva says that only 1 percent of Brazil’s 300 million hectares (741 million acres) […]
Brazil’s Counterattack On Biofuels
Wednesday, April 30th, 2008TIME:
As soaring commodity prices spark food riots around the globe, prompting a U.N. official to dub the production of biofuels at the expense of food cultivation “a crime against humanity,” the debate over the efficiency and morality of using plants as an energy source is heating up. And Brazil, the world’s largest producer of biofuels […]
BP Buys Into Brazilian Ethanol Venture
Friday, April 25th, 2008Times Online:
BP is moving into the plantation business, taking a half share in a billion-dollar venture to produce ethanol from Brazilian sugar cane.
The British oil multinational is joining forces with two Brazilian agribusinesses, Santelisa Vale and Maeda Group, investing more than $560 million (£284 million) in Tropical Bioenergia, a joint venture company that will farm […]
Embraer Sells Its 50th Ethanol-Powered Ipanema Crop Duster
Thursday, April 24th, 2008Wired News:
The good old Ipanema. It entered service in 1973, and it’s changed with the times.
Neiva, a subsidiary of Brazilian aircraft maker Embraer, recently delivered its 50th ethanol-powered Ipanema, a low-wing agricultural monoplane.
Since 1973, Neiva has sold over 1,000 of the crop dusters, most of them in the Latin American market. The company began […]
We Can Still Save From The World Food Crisis
Wednesday, April 23rd, 2008Agencia Bolivariana de Noticias:
It does not deal with an apocalyptic prophecy anymore. It is now a reality that concerns everybody: the increase on the prices of staple foods might lead the whole world towards a situation of famine.
In different occasions, president Hugo Chávez has warned about the issue in such a manner that food […]
Petrobras Creates Biofuels Unit
Thursday, April 17th, 2008Biodiesel Magazine:
State-controlled Brazilian oil company Petrobras SA has created a subsidiary to coordinate biofuels efforts, establishing a work group that will gather Petrobras biofuels efforts under one management umbrella.
The new subsidiary, launched March 3, will handle biodiesel input acquisition and processing, as well as ethanol production, and coordinate production-chain activities in Brazil and abroad, the […]
Cheaper Ethanol Outselling Gasoline In Brazil
Wednesday, April 9th, 2008Dallas Morning News:
Car owners in this giant city of 11 million people are giving the oil companies fits. Ethanol outsells gasoline here by a large margin. This year, it became the most popular fuel throughout Brazil.
Petróleos Brasileiro SA, or Petróbras, is trying to hold on to its customers. The Brazilian national oil company has held […]
Small, Cheap, Safe And Runs On Ethanol? Call It Pompeo
Monday, March 24th, 2008TREND Information:
Some vehicles may choose to use motorcycle engines and concepts in order to have better performances, such as the Cirbin V13R, but there are others that have different objectives, such as the safety and comfort of a car with the running costs of a two-wheeler. One of these will be released this year, in […]
TAC Stark, A Brazilian Off-Roader That Runs On Ethanol
Monday, March 17th, 2008Trend News Agency:
Growing markets are not always the best environment for newborn car manufacturers. If demand for resources is higher, the biggest and strongest tend to get what they want, while the smallest ones have to wait for their turns. This is exactly what has happened to TAC, a Brazilian auto industry that was willing […]
Advancing Hemispheric Energy Security To Promote Prosperity
Monday, March 17th, 2008AntiguaSun:
Last year, when the hemisphere’s foreign ministers met at the Organization of the American States General Assembly in Panama, they agreed that “energy is an essential resource for the sustainable development of peoples, and that access to energy that is diverse, reliable, secure, and affordable is of paramount importance to economic growth with equity and […]
Clinton Link In Brazil Ethanol Probe
Tuesday, March 11th, 2008The Associated Press:
A team from Brazil’s Labor Ministry found “degrading” living conditions for 133 sugarcane workers employed by an ethanol company whose investors include former President Clinton and other high-profile financial players.
At five sites inspected, workers “complained they were suffering from hunger and cold, and all of the locations were overcrowded and with terrible sanitary […]