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From the Media

Sep 22, 2021 - The Guardian

The skies over Latin America’s largest city are set to witness a futuristic aerospace revolution after the Brazilian budget airline Gol struck a deal that could see it ferry commuters around São Paulo in hundreds of low-cost zero-emission electric air taxis. “It’s going to be an absolute disrupter. We’re going to democratize air travel,” Dómhnal Slattery, chief executive of the group that will provide the aircraft to Gol, claimed in an interview with the Financial Times. Slattery, from the Dublin-based firm Avolon, which recently placed an order for 500 of the aircraft from their British manufacturer, admitted helicopters were the “domain of the ultra wealthy.”

Sep 22, 2021 - Phys.Org

Large reservoirs in Southeastern Brazil can double river flow if the reservoirs are full, compared with empty reservoirs, according to a new study in the journal Energy, from the IIASA and several universities in Brazil. "It is widely accepted that river flow impacts reservoir levels. This is true on a weekly and monthly scale. However, on an annual scale the level of the reservoirs actually has a greater effect on the inflow of the river in the Southeast of Brazil," says study leader Julian Hunt, This seemingly counter intuitive finding has major implications for water and energy management in Brazil, which is in the midst of an energy crisis in a country that gets two thirds of its energy from hydropower.

Sep 22, 2021 - Zacks

Petrobras recently announced it completed the non-binding phase of the sale of its full 27.88% ownership holding in Deten Qumica S.A. (Deten) and now began the project's binding phase. Prospective buyers who qualified for this phase will get a process letter outlining the divestiture process in full including rules for due diligence and the submission of binding offers. Earlier in June, the company commenced the sale process of its full ownership in the petrochemical company Deten. Per management, the plan was in sync with the energy player’s strategy to reduce expenses and enhance its capital allocation for maximizing shareholder value. Deten petrochemical is the sole national manufacturer of Linear Alkylbenzene (LAB).

Sep 22, 2021 - S&P Global

Sugar production in the key Center-South Brazil region is expected to total 2.671 million mt in the first half of September, down 16.7% on the year, a survey of 10 analysts by S&P Global Platts showed Sept. 21. "The cane crush will probably show signs of deceleration in the first half of September because of expectations that a few mills have already stopped production for the crop year," S&P said. Although Brazilian producers were taking advantage of the recent high prices of hydrous and anhydrous ethanol, long-term expectations are for mills to continue to maximize their sugar production, given the increased profitability of sugar production over ethanol production.

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