Arab Giant to Invest R$ 12 Billion in Mega Plant for Sustainable Fuel Production in Brazil

Written by Roberta Souza

Published on 20/02/2024 at 22:16

Foto: reprodução Envolverde

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The New Mega Plant for Sustainable Fuel Generation Was a Petrobras Refinery and Has Now Been Acquired by Acelen

Acelen, a company controlled by the Arab fund Mubadala Capital, is ready to invest at least R$ 12 billion in an initiative to transform a plant in Brazil into a production center for sustainable fuel. The company acquired the Mataripe Refinery from Petrobras, located in Camaçari (BA), and now has grand plans for its investments in the country, according to Gizmodo.

Acelen’s Ambitious Plans for Sustainable Fuel in Brazil

Acelen plans to use the fruit of the native Brazilian palm Macaúba to produce 1 billion liters of green diesel and sustainable aviation fuel per year. The company is finalizing investment details and expects to close the deal in the first half of next year.

The company aims to build a sustainable fuel biorefinery in the same area where the Mataripe refinery is located in Brazil. Additionally, the plan includes planting the palm tree on 200,000 hectares of degraded areas in Bahia and northern Minas Gerais.

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Macaúba’s Potential for Sustainable Fuel Production

The macaúba is a native Brazilian palm tree with great potential but still little explored commercially. It could be crucial for Brazil to increase its production of biodiesel and sustainable fuel without the need to open new areas or compete with crops intended for food, such as soy.

With an oil yield five times greater than other crops, macaúba has the potential to significantly contribute to the recovery of pastures and degraded areas. Furthermore, the palm tree could be a viable alternative to increase profitability in livestock farms in the country.

Reduction of Fossil Fuel Use

The macaúba could also be an important solution for reducing the use of fossil fuels, such as kerosene, in the aviation sector. With the search for cleaner fuels, the palm tree could be an excellent option for generating renewable energy and fuel for airplanes in Brazil.

In addition to biodiesel and biojet fuel, macaúba can be used to produce high-quality cakes and feeds for animal nutrition, as well as various food, pharmaceutical, and cosmetic products. This could help introduce agribusiness in regions with underperforming economies, promoting income generation and jobs.

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Arab Giant to Invest R$ 12 Billion in Mega Plant for Sustainable Fuel Production in Brazil

The New Mega Plant for Sustainable Fuel Generation Was a Petrobras Refinery and Has Now Been Acquired by Acelen

Acelen’s Ambitious Plans for Sustainable Fuel in Brazil

Macaúba’s Potential for Sustainable Fuel Production

Reduction of Fossil Fuel Use

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Arab Giant to Invest R$ 12 Billion in Mega Plant for Sustainable Fuel Production in Brazil

The New Mega Plant for Sustainable Fuel Generation Was a Petrobras Refinery and Has Now Been Acquired by Acelen

Acelen’s Ambitious Plans for Sustainable Fuel in Brazil

Macaúba’s Potential for Sustainable Fuel Production

Reduction of Fossil Fuel Use

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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