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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL PRODUCTS
A global push to decarbonise air travel may push Brazil towards becoming a global centre for SAF, Bloomberg said.
- Brazil is becoming a magnet for SAF-related investment given its position as the second-largest producer of ethanol, a component of SAF.
- Brazil is an agricultural powerhouse and has an abundance of crops to produce biofuels, giving it an advantage over the likes of the US>
- “For every liter of SAF, we need 1.7 liters of ethanol, so the best place to produce would be in the origin, in Brazil,” Ricardo Mussa, CEO of sugar and ethanol company Raizen said.
- Production of SAF in Brazil could reach around 50 billion litres by 2030, according to an Airbus, LATAM, and MIT prelim study. This is similar to US output.
- Brazilian sugar cane has lower carbon emissions, making it more effective than other crop-based alternatives.
- The market in Brazil remains nascent, but Honeywell belies 4-5 new plants could come to the market very soon.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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