{"id":20735,"date":"2014-06-03T03:15:09","date_gmt":"2014-06-03T01:15:09","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=20735"},"modified":"2014-06-02T09:08:19","modified_gmt":"2014-06-02T07:08:19","slug":"bndes-financing-sugarcane-mills-also-run-corn","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/bndes-financing-sugarcane-mills-also-run-corn\/","title":{"rendered":"Brazil: BNDES financing sugarcane mills to also run on corn"},"content":{"rendered":"<p>Brazil&#8217;s National Bank for Economic and Social Development (BNDES) <a href=\"http:\/\/www.udop.com.br\/index.php?item=noticias&amp;cod=1114109#nc\" target=\"_blank\">approved the financing of projects of adapting sugarcane mills<\/a> that currently produce ethanol from sugarcane to also produce it from corn. The technology may increase in up to 2.7 billion liters the production of ethanol at country&#8217;s midwest and to dispose of the increasing corn harvests in the region.<\/p>\n<p>The technology is not new. In fact, there are already 3 &#8220;flex&#8221; plants in Brazil that can produce ethanol from both sugarcane and corn. The first was the USIMAT Flex in the state of Mato Grosso (photo), which processes 300 tons of corn per day and obtains 350 liters per ton plus 220 kilos of DDGS and 20 kilos of oil. According to the company, the cost of production of ethanol from sugarcane is R$1,10 per liter, and R$1,23 for corn-based ethanol.<\/p>\n<p>At an event in Rio de Janeiro, the bank presented a study which showed that the amount of investment needed to adapt a sugar mill to operate also with corn is less than the amount of money demanded for an entirely new plant. The analysis also showed that adding corn as feedstock in ethanol plants helps reduce their fixed costs.<\/p>\n<p>The calculation shows that the investments range from R$ 100 million to R$ 205 million and the bank expects that the study will encourage ethanol producers in the region of Mato Grosso, Mato Grosso do Sul and Goi\u00e1s, to invest in adapting their industrial units.<\/p>\n<p>To BNDES, &#8220;flex&#8221; plants can obtain significant productivity gains since the production of ethanol from corn would occur only during the sugarcane season (November to March), when sugarcane based ethanol plants are usually idle. Also, the fact corn can be stocked allows it to be harvested during the regular sugarcane harvest.<\/p>\n<p>Finally, according to the development bank, the increased in ethanol production from the use of corn, at least 2.7 billion liters, equals to 10% of the production of that fuel, and would avoid annual imports of about 2 liters of gasoline, which would amount to US$ 1.5 billion per year in import savings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazil&#8217;s National Bank for Economic and Social Development (BNDES) approved the financing of projects of adapting sugarcane mills that currently produce ethanol from sugarcane to also produce it from corn. The technology may increase in up to 2.7 billion liters the production of ethanol at country&#8217;s midwest and to dispose of the increasing corn harvests [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[],"supplier":[4154],"class_list":["post-20735","post","type-post","status-publish","format-standard","hentry","category-bio-based","supplier-bndes"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/20735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=20735"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/20735\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=20735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=20735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=20735"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=20735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}