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South America

Amaggi, Inpasa partner to build new corn ethanol plants in Brazil

Ethanol producer Inpasa and Brazilian grain processor and exporter Amaggi have agreed to form a joint venture to build at least three corn-based ethanol plants in Mato Grosso, Brazil's top grain producing state

Honeywell technology to fuel Syzygy Plasmonics' SAF project

Honeywell announced that Syzygy Plasmonics will use Honeywell UOP Fischer-Tropsch (FT) UnicrackingTM technology to make sustainable aviation fuel (SAF) from dairy waste and renewable energy at the world’s first electrified biogas-to-SAF facility.

Brazil approves temporary antidumping measures against Canadian, U.S. polyethylene resins

Brazil trade panel Gecex/Camex approved temporary antidumping measures against the imports of polyethylene resins from Canada and the U.S., according to the Ministry of Development, Industry, Trade and Services.

Chinese independent refiner Hongrun buys Canadian, Brazilian crude

Chinese independent refiner Hongrun Petrochemical has bought crude from Canada and Brazil for its Changyi refinery that recently secured an import quota.

Plastic pollution treaty stalled as Geneva talks end without deal

Delegates discussing the world's first legally binding treaty to tackle plastic pollution failed to reach consensus, diplomats said, voicing disappointment and even rage that the 10-day talks produced no deal.

Argentina raises biofuel prices for domestic market

The Argentine government raised biofuel prices for the domestic market, according to two resolutions published in the official gazette.

Argentina's YPF to invest $400 MM in SAF venture

The new venture, to be called Santa Fe Bio, will be run in tandem with Essential Energy and operate out of YPF's San Lorenzo refinery.

OC Global signs MoU with Passo Fundo for greenfield ammonia plant in Brazil

Oriental Consultants Global Co., Ltd. signed a Memorandum of Understanding with the City of Passo Fundo, Brazil, concerning support for the construction of an onsite green ammonia plant.

Brazil's Grupo Potencial to invest $392 MM in corn ethanol plant as part of biofuels complex

Brazil's Grupo Potencial will invest 2 B reais ($392.9 MM) to build a corn ethanol plant in Lapa, Parana state, as part of a plan to develop the world's largest biofuels complex.

U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses

The shake-up in trade flows reflects a shortage of medium and heavy crude grades at the key Gulf Coast refining hub, which has struggled in recent months to secure adequate supplies amid Mexican production and quality challenges, and Washington's pressure strategy on Venezuela's sanctioned energy industry.