CIO Bulletin
In the midst of the global shift towards cleaner energy solutions, Acelen Renováveis is emerging as a leading force in the renewable energy sector. This forward-thinking company is dedicated to driving the energy transition by investing heavily in the production of renewable fuels. At the heart of their groundbreaking project is the development of a new unit for producing Sustainable Aviation Fuel (SAF) and Renewable Diesel, using a native Brazilian plant known as Macaúba.
Vision for a Sustainable Energy Future
Acelen Renováveis envisions becoming the largest and most sustainable global producer of renewable fuels. Their goal is to establish an integrated model that spans from seed to fuel, ensuring both sustainability and competitiveness. By leveraging innovative technologies and sustainable practices, the company aims to redefine the future of energy production.
A Bold Commitment to the Energy Transition
Acelen Renováveis is making a significant investment of over USD $2.5 billion into their flagship project. This ambitious initiative will focus on producing SAF and Renewable Diesel, with a production target of 20,000 barrels per day—equivalent to approximately 1 billion liters annually. This volume could fuel around 1.1 million vehicles each year, showcasing the scale and impact of their operations.
The company's commitment extends beyond mere production. They are actively involved in the recovery of degraded lands by establishing agro-industrial hubs. These hubs will focus on cultivating Macaúba, a plant that thrives in degraded soils. The project will cover 200,000 hectares across Bahia and Minas Gerais, involving public and private partnerships as well as family farming. This effort is expected to capture up to 355 tons of CO2 per hectare, significantly contributing to environmental sustainability.
Economic Impact: A Game-Changer for Brazil
Acelen Renováveis is poised to make a substantial economic impact. Their project is set to inject approximately USD $17 billion into less developed regions of Brazil, providing a major boost to local economies. By dedicating 20% of their cultivation to family farming, the company is fostering inclusive growth and supporting small-scale farmers. The initiative is projected to create 90,000 direct and indirect jobs, highlighting its role as a significant economic driver.
Social Benefits: Transforming Communities
The company’s approach not only focuses on economic growth but also on social development. By investing in family farming and generating thousands of jobs, Acelen Renováveis is committed to improving the livelihoods of people in less developed areas. The project will also provide vital income to thousands of family farmers, enhancing social stability and promoting community development.
Environmental Stewardship: Leading the Way in Sustainability
Acelen Renováveis is dedicated to minimizing their environmental footprint. Their use of Macaúba—a plant known for its high oil yield and environmental benefits—ensures a significant reduction in CO2 emissions. Compared to traditional fossil fuels, Macaúba-based fuels offer an 80% reduction in CO2 emissions. The company’s focus on high carbon capture and the rehabilitation of degraded lands underscores their commitment to environmental sustainability.
Macaúba stands out for its ability to regenerate highly degraded soils, making it a critical component of Acelen Renováveis' strategy. This plant requires less area to produce a comparable amount of oil compared to other crops like soybeans and sunflowers, making it a more efficient and sustainable choice. Additionally, Macaúba’s cultivation will employ best agricultural, environmental, and social practices, further enhancing its positive impact on the environment.
The Future of Renewable Energy
Acelen Renováveis is not just producing fuel; they are shaping the future of energy. With their comprehensive approach that combines economic, social, and environmental benefits, the company is setting a new standard for sustainability in the energy sector. Their innovative use of Macaúba and commitment to integrating every step of the production process—from seed to fuel—demonstrates their dedication to leading the global energy transition.
Luiz de Mendonça | CEO
Luiz de Mendonça has over 30 years of international experience, having held prominent positions as CEO, COO and member of Boards of Directors in companies in the chemical, petrochemical, biofuels and energy sectors. He has extensive experience in mergers and acquisitions, corporate integration, innovation and technology and business development. He has led several companies abroad and was responsible for implementing the internationalization strategy of large Brazilian companies. He holds a degree in Production Engineering from the Polytechnic School of the University of São Paulo (Poli-USP) and an MBA from Insead-France.
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