• 5 minutes 'No - Deal Brexit' vs 'Operation Fear' Globalist Pushback ... Impact to World Economies and Oil
  • 8 minutes China has *Already* Lost the Trade War. Meantime, the U.S. Might Sanction China’s Largest Oil Company
  • 12 minutes Will Uncle Sam Step Up and Cut Production
  • 2 hours Recession Jitters Are Rising. Is There Reason To Worry?
  • 31 mins Danish Royal Palace ‘Surprised’ By Trump Canceling Trip
  • 1 hour China has invested btw $30 - $40 Billon in Canadian Oil Sands. Trump should put 10% tariffs on all Chinese oil exported into or thru U.S. in which Chinese companies have invested .
  • 8 hours US Shale Economic Impact: GDP gain realized in shale boom’s first 10 years
  • 3 hours Used Thin Film Solar Panels at 15 Cents per Watt
  • 1 hour A legitimate Request: France Wants Progress In Ukraine Before Russia Returns To G7
  • 8 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 3 hours IS ANOTHER MIDDLE EAST WAR REQUIRED TO BOLSTER THE OIL PRICE
  • 12 hours Tit For Tat: China Strikes Back In Trade Dispute With U.S. With New Tariffs
  • 11 hours Philadelphia Energy Solutions seeks to permanently shut oil refinery - sources
  • 8 hours Iran Is Winning Big In The Middle East
  • 7 hours Strait Of Hormuz As a Breakpoint: Germany Not Taking Part In U.S. Naval Mission
  • 6 hours NATGAS, LNG, Technology, benefits etc , cleaner global energy fuel
  • 7 hours Domino Effect: Rashida Tlaib Rejects Israel's Offer For 'Humanitarian' Visit To West Bank
Why Hydrogen Is About To Get A Lot Cheaper

Why Hydrogen Is About To Get A Lot Cheaper

The road to hydrogen commercialization…

Japan's Itochu Now Producing and Selling Bioethanol in Brazil

Itochu and New York- based Bunge Limited have started a joint venture company that is now producing and selling bioethanol in Brazil.
 
The Itochu- Bunge Limited joint venture, Pedro Afonso Acucar e Bioenergia S.A., is located in Tocantins in northern Brazil.
 
Itochu holds 20 percent of the shares in the joint venture through its wholly owned Tokyo subsidiary JB BioEnergy, with Bunge Limited owning the remaining 80 percent, Japan Corporate News Network reported.
 
Itochu is also establishing bioethanol production and sales operations with Bunge in Minas Gerais in southeastern Brazil, the country’s second most populous and the second richest state at the same investment rate, with a total investment in the two projects of approximately $800 million.
 
Pedro Afonso Acucar e Bioenergia S.A began constructing its first plant in Tocantins in January 2009, which was completed in July 2010. After the successful completion of trial operations, the Tocantins plant began operating at almost full capacity in May 2011. Although the annual processing capacity of sugar cane at the Pedro Afonso Acucar e Bioenergia S.A mill is currently 2.5 million tons per year, the joint venture partners hope to be able to expand the Tocantins facility’s output to 4.4 million tons annually.
 
By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play