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

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Rupa Sood and Sharan Apparao
Nayaab

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X