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BP forming 50:50 biofuels JV with Bunge in Brazil; growing existing biofuels business >50%

Green Car Congress

BP will combine its Brazilian biofuels and biopower businesses with that of Bunge to create a world-scale, highly-efficient producer of sugarcane ethanol in Brazil: BP Bunge Bioenergia. Brazil is the world’s second-largest and most integrated market for ethanol as a transportation fuel with demand forecast to grow rapidly.

Brazil 339
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Glencore buying in to Hydro Alunorte alumina refinery, MRN bauxite mining in Brazil

Green Car Congress

Alunorte remains a core strategic asset for Hydro and is a key source of low-carbon alumina supply to our primary aluminum smelters. Our Bauxite and Alumina business area has made significant progress over the last years to bring down the footprint of producing alumina, which enables Hydro to strengthen our position in low-carbon aluminium.

Brazil 293
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Global study shows uneven urbanization among large cities in the last two decades

Green Car Congress

According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 Pearl River Delta (PRD) and Beijing in China, São Paulo in Brazil). The world has experienced significant urbanization in recent decades. New York in US, Tokyo in Japan).

Global 433
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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

Green Car Congress

Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes.

Emissions 370
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International Lithium Association (ILiA) established to be the voice of the global lithium industry

Green Car Congress

Against this background of exceptional growth, the International Lithium Association (ILiA) has been formed to provide a central, global voice for the lithium producers and their stakeholders, and to promote a sustainable and a responsible future for the lithium value chain. Ltd; AMG Brazil S.A.; ppm Li (0.0018%).

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Lux: California’s Low Carbon Fuel Standard will become a global phenomenon; carbon intensity, not volume

Green Car Congress

California’s approach to transportation fuel policy—its Low Carbon Fuel Standard (LCFS)—will become a global phenomenon, suggests Lux Research. For example, the US and Brazil are major corn and sugarcane ethanol producers, respectively, and Malaysia and Indonesia are major palm oil biodiesel producers.

Carbon 150
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BP and Copersucar to form a new ethanol joint venture in Brazil

Green Car Congress

BP Biofuels and Copersucar have agreed to form a joint venture to own and operate a major ethanol storage terminal in Brazil, better and flexibly connecting ethanol production with the country’s main fuels markets. Copersucar is the world’s leading sugar and ethanol trader, with the largest sugar and ethanol storage capacity in Brazil.

Brazil 150