ADM gets into biodiesel in Brazil
While biofuels are nothing new in Brazil, ethanol is the name of the game there. Biodiesel is coming onto the scene, though, helped by Brazil's biodiesel law that goes into effect in 2008 and will require all diesel sold there to be B2 (B5 by 2013). Archer Daniels Midland announced yesterday that they would build a biodiesel production facility with an annual capacity of 180,000 metric tons in Rondonopolis, Mato Grosso, Brazil. The plant will open in early 2007 and will use soybean oil as feedstock. ADM has a soybean crushing plant in Rondonopolis and the biodiesel facility will be built next door. [Source: Archer Daniels Midland Company]
Reader Comments (Page 1 of 1)
Howard Lee Harkness 10:44AM (7/29/2006)
This is not particularly good news for Brazil. For starters, soybean is not the optimal feedstock for biodiesel.
I'd rather adapt a diesel to SVO than send ADM any more of my money. And SVO would be a marvelously good fuel in Brazil (warm climate year 'round in most of the country).
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Matt 1:55PM (7/29/2006)
Why is ADM bad, while Toyota is good?
All the philosophers out there ought to noodle on that one, because they might expose a few inconsistencies in their personal philosophy.
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Stphane Dumas 10:06AM (7/30/2006)
Matt, you touched a good point, I could go even further by saying "GM had promoted the E85 fuel, it's bad. But WHAT IF Toyota had promoted E85?" (sorry for a bit of yelling capitals for the "what if" but I think the comments box don't accept bold characters or italic characters but I'm not sure)
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