Brazil's biodiesel output to grow 31 pct next year -Abiove

Brazil's biodiesel output to grow 31 pct next year -Abiove

Chamber Articles Category: Energy Post Date: 11/13/17 Source: Reuters By: José Roberto Gomes, Ana Mano and David Gregorio
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Brazil’s biodiesel output was forecast to rise by 31 percent in 2018, industry group Abiove said on Thursday, after the government advanced a much anticipated increase in the amount of the biofuel required to be mixed with diesel.

Currently, 8 percent of biodiesel is mixed with diesel and that blend will be upped to 10 percent in March of 2018, one year ahead of schedule, according to a decision today by Brazil’s national energy council, known as CNPE.

Now, Brazil’s biodiesel production is expected to reach 5.5 billion liters next year, Abiove said, up from expected production for 2017 of 4.2 billion litters. Read Full Article