With A Focus On Biofuels And Lithium Mining, The Company Is Positioning Itself Ahead In The Renewable Energy Market
As the global and Brazilian demand for renewable energy grows at an accelerating pace, Indorama Ventures, a global leader in chemical intermediates and surfactants, is putting its Integrated Oxides and Derivatives (IOD) division into action. In São Paulo, on October 25, 2023, the company reveals its robust plan to meet emerging needs, with a special focus on solutions for biofuels and lithium extraction, an essential mineral for the production of electric vehicle batteries.
Taking The Lead In Biofuels
“We are determined to be leaders in the energy transition. In biofuels, our efforts are focused on innovations for the fuels of the future, such as SAF [Sustainable Aviation Fuel] and Second Generation Ethanol. We are eager to launch the first item from our range of solutions focused on bioethanol production,” emphasizes Vinicius Sampaio Vasques, Field Marketing Manager for the Energy & Resources segment at Indorama Ventures.
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Brazilian scientists are simultaneously advancing two research projects on clean hydrogen and driving solutions that could transform the energy matrix, enhance industrial competitiveness, and accelerate large-scale emission reduction targets.
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Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.
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Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.
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The world has bet on green hydrogen as the fuel of the future, but now faces the side effect: producing 1 kilogram requires about 9 liters of ultrapure water, and the largest projects on the planet are precisely in the driest regions of the Earth, where water is already scarce for people.
An Attentive Eye On Lithium Mining
When it comes to the mining market, Indorama Ventures is preparing for the expected boom in lithium demand. Vinicius points out: “We are aware that mining is one of the global megatrends. With population growth and increased life expectancy, there is a rising demand for raw materials for the production of consumer goods and infrastructure. Our mission is not only to meet this demand but also to launch products that favor a sustainable future.” It is worth noting that the company already offers mining solutions for stages such as blasting, grinding, extraction, and water treatment in mining processes.
The Ongoing Journey Towards Sustainability
Consolidating its motto of ‘Reimagining Chemistry Together To Create A Better World’, Indorama Ventures presented in June its report “Innovability 2022: IOD Pathway To The Future.” This document reflects the intensification of efforts from Indorama Ventures’ IOD division to comply with the Sustainability Strategy and achieve the UN Sustainable Development Goals (SDGs). The transparency of the report provides a clear view of the goals set for 2030 that have already been achieved by the company.
Source: Elisa Destro.

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