Santander and Be8 Invest in Sustainability with R$ 90 Million

Written by Corporativo

Published on 18/09/2023 at 14:40

Foto: Reprodução Google Imagens (via Seu Crédito Digital)

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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.

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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

Santander and Be8 Invest in Sustainability with R$ 90 Million

Million-Dollar Agreement Emphasizes Biodiesel Production from Used Cooking Oil for 2023.

Commitment to the Future

Recycled Oil: The Green Revolution

Pioneering in Sustainability

UCO’s Ascending Trend in Biodiesel

Be8: Vanguard and Innovation

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Santander and Be8 Invest in Sustainability with R$ 90 Million

Million-Dollar Agreement Emphasizes Biodiesel Production from Used Cooking Oil for 2023.

Commitment to the Future

Recycled Oil: The Green Revolution

Pioneering in Sustainability

UCO’s Ascending Trend in Biodiesel

Be8: Vanguard and Innovation

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