Home / Knowledge / News / Textiles / Marubeni concludes ETBE contract with COPESUL
Marubeni concludes ETBE contract with COPESUL
25
Jan '08
Marubeni Corporation (Marubeni) has concluded a contract with Compania Petroquimica do Sul (COPESUL), a major Brazilian petro-chemical company, to supply 6,500KL of ethyl tertiary butyl ether (ETBE), which is synthesized by mixing ethanol and isobutylene, to Japan Biofuels Supply LLP (JBSL), which is a cooperative business organization of the Japanese oil companies. The cargo is scheduled to leave Brazil in February 2008.

In accordance with the government program to reduce CO2 emission, which is based upon the Kyoto protocol, Japanese oil industry plans to add 7% of ETBE to gasoline. 840,000KL of ETBE, most of which is to be covered by import, will be blended with gasoline in 2010.

In January 2007, Japanese oil industry has established JBSL as a cooperative business organization. JBSL has been conducting demonstration program for 2007 and 2008 prior to full-scale ETBE utilization, and has already imported two cargoes of ETBE from Europe (approx. 14,000KL in total).

With its vast land, Brazil has been producing sugarcane-origin ethanol and ETBE with lowest cost in the world. It has been their strong wish, at the same time, to export those products to Japan. Provided that the quality and cost advantage of Brazilian ETBE to be imported this time is confirmed, stable supply to JBSL could be possible on long-term contract basis after 2009 onwards.

Marubeni has been positively working on environment-friendly bio-fuel business. For instance, it is constructing bio-diesel plants with annual production capacity of 400,000KL in cooperation with a Brazilian grain trader, Agrenco group. It is also making supply of bio-ethanol production plants, domestically and internationally, with Tsukishima Kikai Co Ltd.

Marubeni Corporation

Must ReadView All

Courtesy: Alibaba Group

Apparel/Garments | On 18th Jan 2017

Alibaba forges global alliance to fight counterfeiting

Jack Ma led Alibaba Group has forged an alliance with various global...

Apparel/Garments | On 18th Jan 2017

HanesBrands earns above average scores in CDP 2016

Global apparel and innerwear retailer HanesBrands said it has...

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search