Raizen, Shell to supply second-generation ethanol to Ferrari F-1 team

Brazilian energy company Raizen SA and its shareholder Royal Dutch Shell Plc (RDSa.L) signed an agreement with the Ferrari Formula 1 team to supply second-generation, high-performance ethanol from next year, when the main motor racing category will begin using 10% ethanol blend in gasoline. Source: Reuters Tags: Biofuels, Ethanol, Ferrari F-1 team

Ethanol industry mission offers fuel market support in Brazil

A delegation from the U.S. ethanol industry recently met with Brazilian government and private sector officials to learn more about the current dynamics of the Brazilian fuel market and its ethanol production and to offer support for the country’s effort to reduce the impact of high fuel prices on consumers. During the week of Oct.

Sugar Prices Soar as Energy Crisis Boosts Ethanol Output

The global energy crunch is putting pressure on the sugar market as the world’s top exporters convert more cane into ethanol. Sugar hit a four-year high in October as energy supply shortages roiled commodity markets from magnesium to tomatoes. Facing rampant fuel inflation, Brazil and India are set to produce more ethanol from sugar cane,

Biofuels Would Receive $1 Bn Investment in Latest Biden Administration Proposal

The biofuels industry would receive a chunk of federal dollars as part of the latest draft of the Biden administration’s “Build Back Better Act” working its way through Congress The updated draft of the bill includes $1 billion in funding for the USDA to provide grants during the next 10 years to expand biofuel pump