Bioenergy News from South America

  Last Updated: Wednesday 8th of December 2010 08:22:00 PM +0800HKT

Brasil Ecodiesel Industria e Comercio de Biocombustiveis e Oleos Vegetais SA fell the most on the Bovespa stock index after the company bought farm group Maeda SA Agroindustrial SA assets at a price higher than some analysts expected.

  Last Updated: Thursday 2nd of December 2010 06:57:00 AM +0800HKT

Two of the most important players in Chile's fuel and energy market, fuel and forestry conglomerate Empresas Copec SA (COPEC.SN) and power generator E-CL SA (ECL.SN), will team up to create biofuels from micro-algae.

  Last Updated: Wednesday 1st of December 2010 07:01:00 AM +0800HKT

Dow Chemical Co. said Wednesday that its largest manufacturing facility will start processing biomass fuel by the end of 2012.

  Last Updated: Monday 29th of November 2010 06:42:00 AM +0800HKT

Repsol YPF SA is to sell off some of its stake as it seeks to raise funds for investments, to be undertaken in Brazil. Spain’s largest oil firm Repsol YPF SA announced its planning to raise close to $2.36 billion via the sale of a 15 per cent stake in its Argentine YPF SA unit. The move is as well aimed at cutting down Repsol’s holdings in Argentina.

  Last Updated: Monday 29th of November 2010 05:57:00 AM +0800HKT

In northern Peru energy company Maple Energy is looking to commence the first phase of its ethanol and biomass project before the end of the year.