The Future of the Biodiesel Market in Brazil: "This Was the Worst Year for Investments in the Sector in Its Entire History," Says Editor-in-Chief of BiodieselBR

The Future of the Biodiesel Market in Brazil: “This Was the Worst Year for Investments in the Sector in Its Entire History,” Says Editor-in-Chief of BiodieselBR

Written by Valdemar Medeiros

Published on 28/11/2020 at 12:30

Biodiesel no Brasil

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At This Year’s BiodieselBR Conference, Titled “The Future of the Biodiesel Sector After a Year of Pandemic,” the Debate Gathered the Presidents of Abiove, Aprobio, and Ubrabio and MME to Talk About Investments in This Market

The Editor-in-Chief of BiodieselBR stated at the conference opening, “this was the worst year for investments in the biodiesel market in its entire history.” Despite all the issues at hand, this storm will pass, and the sector urgently needs to start discussing the major challenges that lie ahead in the coming years.

Abiove President Discusses Crisis Moment in the Biodiesel Market and Lack of Investments

For André Nassar, President of Abiove, the market is experiencing a “turbulent moment” that is resulting in fewer investments in the biodiesel sector than the fallout from the pandemic, which disorganized not only the fuel market but also the vegetable oil market.

At the same time, there has been a shift in the export patterns of the soybean complex, which drove external sales well beyond initial projections, creating challenges to secure market investments for the end of 2020. In this regard, Nassar praised the reconnection of the CMAB – Biodiesel Supply Monitoring Committee.

ARTICLE CONTINUES BELOW

MME President Discusses Difficulties in the Country and Energy Transition

According to José Mauro, President of the MME, “Brazil is facing a series of transformations.” José Mauro emphasized that he is also talking about the energy transition.

“All of this poses challenges regarding public policies that relate not only to biodiesel but also to several other sectors,” Mauro says about the much-anticipated tax reform, which is still far off and could have profound effects on the entire Brazilian economy.

The Future of the Biodiesel Market in Brazil: “This Was the Worst Year for Investments in the Sector in Its Entire History,” Says Editor-in-Chief of BiodieselBR

At This Year’s BiodieselBR Conference, Titled “The Future of the Biodiesel Sector After a Year of Pandemic,” the Debate Gathered the Presidents of Abiove, Aprobio, and Ubrabio and MME to Talk About Investments in This Market

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The Future of the Biodiesel Market in Brazil: “This Was the Worst Year for Investments in the Sector in Its Entire History,” Says Editor-in-Chief of BiodieselBR

At This Year’s BiodieselBR Conference, Titled “The Future of the Biodiesel Sector After a Year of Pandemic,” the Debate Gathered the Presidents of Abiove, Aprobio, and Ubrabio and MME to Talk About Investments in This Market

Read Also

Abiove President Discusses Crisis Moment in the Biodiesel Market and Lack of Investments

MME President Discusses Difficulties in the Country and Energy Transition

Gaddafi built the world’s largest artificial river under the Sahara — it’s 4,000 km of giant pipes that pump 40,000-year-old fossil water to entire cities in Libya.

Discovery in Africa scares even scientists: a study published on April 23 reveals that the crust in Turkana has become so thin that it could pave the way for the continent’s division and the emergence of an ocean in the future, in a gigantic geological transformation.

Japanese garbage collectors treat filthy trucks as if they were dealership cars, and the obsession with cleanliness is so absurd that they invented a washing machine that only exists for this type of vehicle.

Germany took 1,468 days to drill 9,101 meters of the Earth’s crust, faced temperatures of 265 degrees, crossed faults saturated by fluids under pressure, and revealed that the continental crust remains active, stressed, and permeable far beyond the limits that science considered possible.

In 1991, Brazil’s GDP was almost double India’s, and today it is little more than half: while India grew 6.5% per year and trained engineers, Brazil preferred to train lawyers, and now it is rushing to strengthen ties with the world’s fourth-largest economy.

The Brazilian city of the crooked buildings, which is being “swallowed” by the sea, receives more than R$ 20 million after a R$ 276.6 million package for 214 cities, with transfers of R$ 2.5 million per tourist resort.

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