Brazil to raise mandatory biodiesel mix, halt imports, Auto News, ET Auto
Biodiesel Mix: The measures bolster the prospects of the Brazilian oilseed crushing industry, which has grappled with idle capacity averaging 50% in recent years, as about 70% of the countrys biodiesel is produced from processed soybeans. The CNPE, according to Mines and Energy Minister Alexandre Silveira, set the local mandatory biodiesel blend into diesel at 14% from March 2024 and 15% starting 2025, up from the current 12%.
Alexandre Silveira Energy Minister Alexandre Silveira Biodiesel Mix Oil Imports Iofuel Imports Local Industry
Source: indiatimes.com