The future of the Biodiesel market in Brazil: “this was the worst year in terms of investments in the sector in its entire history”, says editor-in-chief of BiodieselBR

In that year’s BiodieselBR conference, which had as its theme “The future of the Biodiesel sector after a year of pandemic”, the debate brought together the presidents of Abiove, Aprobio and Ubrabio and MME to talk about investments in this market

Editorial director of BiodieselBR said at the opening of the conference, “this was the worst year in investments for the biodiesel market in its entire history”. Even with all the problems present, this storm will pass, and the sector needs, as a matter of urgency, to start debating the great challenges that will be faced along the way over the next few years.

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President of Abiove talks about the moment of crisis in the Biodiesel market and lack of investments

For André Nassar, president of Abiove, the market is experiencing a “turbulent moment” that results in a smaller number of investments in the Biodiesel sector, than the consequences of the pandemic, which disorganized not only the fuel market, but also the of vegetable oil.

At the same time, there was a change in the export patterns of the soy complex, which took foreign sales far beyond initial projections, which then generated the challenges of guaranteeing market investments for the end of 2020. In this regard, Nassar praised the reconnection of the CMAB – Biodiesel Supply Monitoring Committee.

President of MME talks about the difficulties in the country, and about the energy transition

According to José Mauro, President of MME, “Brazil is facing a series of transformations”. José Mauro highlighted, who still talks about the energy transition.

“All of this poses challenges for public policies that are related not only to Biodiesel, but to several other sectors”, says Mauro about the long-awaited tax reform, which is a long way off and could have profound effects on the entire economy of Brazil.

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