Fuel Ethanol in Japan

Transcription

1 Fuel Japan XII JAPAN-BRAZIL Jot Ecomic Committee Meetg CNI - Nipp Keidanren March 6, 26 - Sao Paulo Takao Omae Mitsui & Co., Ltd. 1

2 World Producti, Share by Applicati Producti/Estimati Share by Applicati (Unit: ) Bevarage 15% Industiral 8% Beverage Industrial 15% 25 : Fuel 77% 54 of additial Fuel dem Estimati: about 14 Source Estimati / F.O.Licht Fuel 85% 2

3 Use of Fuel the World Europe Europe (sugar (sugar beet, beet, wheat, barley wheat, barley -E5,E1 -E5,E1 implemented: implemented: Sweden, Sweden, Pol Pol -ETBE -ETBE implemented: implemented: Germany, Germany, France, France, Spa Spa -Producti: -Producti: Biofuel -Biofuel 5.75% 5.75% (22 (22 ) ) 1% 1% over over (38 (38 ) ) Canada (gra) Canada (gra) E5 E5 obligati obligati by by USA (domestic corn + import) USA (domestic corn + import) implemented implemented many many states states -Producti:1.2 -Producti:1.2 -Import 2.5 -Import 2.5 -Renewable, -Renewable, Alternative Alternative Fuel Fuel billi billi gal gal (133 (133 ) ) Cha Cha (domestic (domestic corn, corn, rice rice etc) etc) tests tests Provces Provces -Producti: -Producti: Japan Japan -ETBE.84 -ETBE.84 (.36 (.36 equivalent) equivalent) India India (sugarcane) (sugarcane) -E5 -E5 implemented implemented states states E3: 3% Blended Gasole E1: 1 Blended Gasole ETBE: Ethyl Tertiary Butyl Ether Philippe (sugarcane, Molasses) Philippe (sugarcane, Molasses) -E5 Obligati from 2 -E5 Obligati from 2 Thail cassava, molasses) Thail cassava, molasses) Obligati Obligati by by Brazil (sugarcane) Brazil (sugarcane) -E2-25 E1 -E2-25 E1 (FFV) (FFV) Implemented Implemented -Producti:16.7 -Producti:16.7 () () -Export -Export : :

4 Producti & Csumpti Brazil % Flex Fuel Vehicle Sales Jan Flex Fuel Vehicles Brazil 2.74 Source: ANFAVEA ( Vehicles) 15 Now 213 m illi KL Producti & Csupti Now 213 Producti Csumpti 4

5 Advantage of Sugarcane of Brazil Brazil Domant competitiveness of the producti cost Adequate climate cditi for sugarcane cultivati Unused area 5 times more than the current sugarcane plantati area where it is easy exp the producti Huge unused area which is times more than Japan no destructi of Tropical Amaz Forest. Over 1 years of know-how the use of Fuel for Aumobiles L area of Brazil L area of Brazil 851 hectare 851 hectare Natural Area Natural Area 463 hectare 463 hectare Possible Agriculture Possible Agriculture Development Area Development Area 388 hectare 388 hectare Current Cultivati Current Cultivati 62 hectare 62 hectare Sugarcane Planted Area Sugarcane Planted Area 6.3 hectare 6.3 hectare Future expected development Savanna area Cerrado Sugarcane Possible be cultivated widely Tropical, Sub Tropical Areas Strg resistance 5 Eurpoe Possible crease producti by breed improvement 4 Advantage of productivity per hectare, which is 3 times more than corn 3 Less competiti agast food applicati compared other raw materials Producti Cost (premise Brazil=1) 424 USA Lat America 21 2 Brazil Energy generati by bagasse is possible by usg residue of sugarcane ÆPossible stably obta Carb Credit (Source: Agra CEAS) 1 Colombia 15 Thail 137 India Pakistan 5

6 Recent Foreign Investment Brazil Cargill / USA orig Major Gra Company In June 26 announced acquisiti of Sugar & Mill Sao Paulo called CEVASA Bunge /Holl orig Major Gra Company In January, made proposal for acquisiti of the 3 rd largest Sugar & Mill, Vale do Rosario Louis Dreyfus / French orig Major Gra Company In February, Agreed the Tavares de Melo Group acquisiti of Sugar & Busess Brazil, which made Louis Dreyfus become substantially 2 nd largest Sugar & producer Brazil. Mr. George Soros / USA In February 26, made vestment Mote Alegre, Sugar & mill Mas Gerais State 6

7 Situati of Japan August Revisi of of fuel fuel regulati allowg 3% 3% blendg gasole Potential dem KL KL April April Government Approval of of Biofuels for for Transportati the the Kyo Kyo Procol Target Target Achievement Plan Plan.5.5 KL KL crude crude oil oil equivalent Biofuels (equivalent KL KL of of ) by by January Petroleum Associati of of Japan Japan ETBE ETBE use use of of KL KL (.36 (.36 KL KL ethanol ethanol equivalent) by by February Discussi Biomass Nipp Nipp Comprehensive Strategy Promoti Committee Discussi 6 KL KL of of Bio Bio Fuel Fuel Use Use 7

8 Activities of Japanese Private Secr Brazil Mitsui Mitsui Brazilian Brazilian Partners Partners secure secure stable stable supply supply ecomical ecomical efficiency efficiency March March 25: 25: Petrobras, Petrobras, CVRD CVRD search search best best logistics logistics soluti soluti April April Petrobras Petrobras study study producti producti & marketg marketg of of (Busess (Busess & Price Price Model, Model, Project Project Selecti) Selecti) Mitsui Mitsui has has tenti tenti vite vite reliable reliable Japanese Japanese partners partners the the project project February February Petrobras, Petrobras, Camargo Camargo Correa Correa study study Pipele Pipele Ichu Ichu Technical Technical Cooperati Cooperati Agreement Agreement CODEVASF, CODEVASF, CAMPO CAMPO Feasibility Feasibility Study Study Bio Bio Diesel Diesel Marubeni Marubeni Establish Establish JV JV Agrenco Agrenco Plan Plan vest vest producti producti of of Bio Bio Diesel Diesel 8