Volume sold through August already higher than the whole of 2017;
Company expects sales to grow 30% by the end of the year.
Sao Paulo, September 11, 2018 – JBS Biodiesel sold 47 million liters of biofuel at the L-62 auction held by the National Petroleum Agency (ANP) on August 21, selling a total of 226 million liters in 2018. As a result, the company has managed to sell more by August than it sold in the whole of 2017, when it traded 210 million liters. Compared with the same period last year, sales are up 50 million liters.
In 2018, the company registered a 30% increase in exports compared with 2015. “We are gaining market share and our differential is the composition of our raw materials, as we reuse waste from across the animal protein chain (beef, chicken and pork tallow) as well as recovered cooking oil”, said Alexandre Pereira, a JBS Biodiesel director.
JBS biodiesel has economic benefits for the entire production chain and society, as it is a clean fuel and two-month cost predictability provided by the bimonthly auction model. Additionally, each liter of biodiesel used reduces the need to use a liter of fossil fuel diesel.
JBS Biodiesel is currently capable of producing around 310 million liters annually.
JBS is one of the world’s leading food industry companies with approximately 230 thousand employees in over 20 countries. The Company owns a portfolio of brands that are acknowledged for their excellence and innovation, including Friboi, Moy Park, Pilgrim’s Pride, Primo, Seara, Swift, Gold’n Plump and others, serving over 350,000 customers of more than 150 nationalities worldwide. The company’s focus on innovation also reflects its management approach to related businesses in areas such as leather, biodiesel, collagen, personal hygiene and cleaning products, natural wrappings, solid waste management solutions, metal packaging and transportation. JBS has adopted best sustainability practices throughout its value chain and constantly monitors its suppliers using satellite imagery, georeferenced maps of supplier farms and monitors official data from government agencies; the company also focuses on the highest possible food safety and quality standards. The success of JBS’s operations is closely tied to our Animal welfare practices, which are rigorously applied and have received an increasing share of investments to further improve the Company’s efforts in this area, in line with best practices.
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