Brazil enacted the Proálcool plan to reduce its dependence on foreign fossil fuels by blending petrol with ethanol. In 1977 legislation required use of 4.5 percent ethanol blends, which has ...

Anyway, Dow Jones reports that prices for Brazilian ethanol mills have jumped up between 30 and 100 percent since last year. Even prices for equipment used in milling projects are up 10-15 percent.

Luiz Inácio Lula da Silva, the President of Brazil visited last ... and produce 2,800 liters of ethanol from it per day. Although theoretically the process can use any kind of agricultural ...

“With this initiative, Brazil reasserts its leading position in ethanol production and use, and Petrobras takes yet another step in the search for alternative sources of power generation” said ...

Brazil first rolled out policies to use more biofuels in 1975 after OPEC’s supply embargo drove up oil prices. So-called flex-fuel cars that run on pure ethanol or a gasoline-ethanol blend now m ...

Ukraine and Brazil have a lot in common, similar economies, and thus, it is necessary to strengthen cooperation, especially ...

Other major Brazilian producers including Raízen ... LanzaJet’s plant has been using U.S. corn ethanol during the testing and commissioning phase, and Chief Executive Officer Jimmy Samartzis ...

Billionaire Rubens Ometto’s conglomerate Cosan SA is giving up its stake in mining giant Vale SA, ending its bet on a mining investment in order to pay down debt. Cosan sold 173 million shares ...

The company is contending with high interest rates in Brazil that will keep rising, and lower profits from its sugar and ethanol business. It has been struggling with debt since it acquired a ...

Brazil industry group Unica predicts sugarcane processing will be down to 525 MMT, a 13.3% reduction. It also predicts a 8.7% reduction to 27.7 billion liters in total ethanol production.