The Renewable Fuels Association earlier this month announced the formation of a 15-company trade mission to São Paulo and Recife to bridge the gap between Brazilian and American ethanol and biofuels businesses.
The trade mission, scheduled for Sept. 30 to Oct. 2, will focus on introducing exporters and importers of biofuels trading partners and new biofuel and green technologies.
"Our two nations have a unique ability to help promote and support biofuel demand around the globe," said RFA President Bob Dineen. "We believe this trade mission is an important first step in developing a better trade relationship with our friends to the South, exploring new trade opportunities between our two nations, as well as expanding ways that we can work to open new markets."
The mission is the product of a partnership between the Renewable Fuels Association, Brazilian Sugarcane Industry Association (UNICA), and the Advanced Biofuel Association.
The Brazil-U.S. Business Council, which represents key businesses from the United States and Brazil that have interests in promoting free trade between the two countries, also participated in organizing the mission.
BUSBC is helping to administer the matchmaking mission as part of its Export Green Initiative, which was created through funding from the International Trade Administration of the U.S. Department of Commerce.
"With several of our members already commercializing technology in Brazil, the time is now to expand upon the relationship on biofuels between the two largest producers in the world," said Michael McAdams, ABFA president.
Since January 2013, the United States has exported over 97 million liters of ethanol to Brazil, while 397 million liters of Brazilian ethanol have been imported into the United States, according to the BUSBC. However, Brazil is second to the U.S. in both consumption and production of ethanol.