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Petrobras-Yara Partner to Revive Fertilizer Production in Brazil
PBRPetrobras(PBR) ZACKS·2024-11-26 20:51

Petrobras S.A. (PBR) has signed two partnership agreements with Yara International and Araucária Nitrogenados S.A. (ANSA), in a potential step toward creating a powerful impact on the fertilizer and industrial products segments.Per the terms of the first agreement, the company will start commercial production of Automotive Liquid Reducing Agent (ARLA 32) at its ANSA facility. ARLA 32 will be prepared using high-quality automotive-grade urea as the raw material that Yara will supply.The second agreement prov ...