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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

Written by Valdemar Medeiros
Published on 28/11/2020 at 12:30
Biodiesel - Mercado - investimentos
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.

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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.

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.

Valdemar Medeiros

Graduated in Journalism and Marketing, he is the author of over 20,000 articles that have reached millions of readers in Brazil and abroad. He has written for brands and media outlets such as 99, Natura, O Boticário, CPG – Click Petróleo e Gás, Agência Raccon, among others. A specialist in the Automotive Industry, Technology, Careers (employability and courses), Economy, and other topics. For contact and editorial suggestions: valdemarmedeiros4@gmail.com. We do not accept resumes!

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