Million-Dollar Agreement Emphasizes Biodiesel Production from Used Cooking Oil for 2023.
Commitment to the Future
Banco Santander Brazil, aligned with current environmental needs, reaffirms its position by allocating a robust financing of R$ 90 million to Be8, a central figure in the biodiesel market. This investment marks the bank’s third contribution to the company, raising the total amount to an impressive R$ 190 million since last year.
Recycled Oil: The Green Revolution
The uniqueness of this investment lies in a clause that mandates the use of at least 20,000 tons of used cooking oil in the production of biodiesel in 2023. This figure is 48% higher than that recorded in 2022. The use of recycled oil not only promotes an ecological approach but also minimizes pollutant emissions, presenting itself as a more sustainable alternative to traditional diesel.
Pioneering in Sustainability
Historically, Banco Santander has been a pioneer in financing aimed at sustainable goals in Brazilian territory. The bank’s primary objective is to encourage its clients to adapt to a less polluting economic landscape, supporting projects with a positive impact, especially those linked to the biofuels sector.
-
Ibitu Energia is advancing with a billion-dollar investment in renewable energy in Piauí and boosting economic growth by expanding production capacity, generating jobs, and attracting new businesses related to the energy transition.
-
Boosting the energy transition: European Union releases €20 million funding to modernize the system and optimize electricity grid storage.
-
In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.
-
Instability in the energy market drives investments in renewables and starts the global race for the electric transition.
Esther Unzueta Dominguez, who leads the Sustainable Finance department at Banco Santander Brazil, states: “As a financial institution, we take on the responsibility of promoting sustainability. We found in Be8 a partner with similar values and goals, enabling lasting agreements.” On the other hand, Erasmo Carlos Battistella, leader of Be8, emphasizes that the partnership with the bank “confirms our commitment to ESG criteria, reiterating our leading role in sustainable biodiesel production in Brazil.”
UCO’s Ascending Trend in Biodiesel
There has been a notable increase of 30% in the use of used cooking oil in the production of national biodiesel, reaching an impressive mark of 148 million liters in 2022. These figures underline the industry’s transition to more environmentally friendly practices.
Be8: Vanguard and Innovation
Since its founding in 2005, Be8 has established itself as a strong name in the biodiesel landscape. With a prominent presence both nationally and internationally, the company maintains a steady pace of innovation and growth. Its latest project, the plant in Passo Fundo, promises to be the main hub for large-scale ethanol in Rio Grande do Sul.
On the international stage, Be8 strengthens its position with tactical movements in the European and South American markets through planned acquisitions and groundbreaking initiatives. The company’s mission is clear: to be a reference in renewable energy, paving the way for a cleaner and more sustainable future.
Source: Be8 – Analítica Comunicação / Eduardo Ritschel

Seja o primeiro a reagir!