INSUBCONTINENT EXCLUSIVE:
In a significant move, Petrobras has decided to breathe new life into its long-dormant fertilizer plant
The project, which had been on hold since 2014, is now back on track with a hefty investment of R$3.5 billion ($625 million).Brazil, the
fourth largest agricultural producer in the world, is indeed highly dependent on fertilizer imports, with approximately 87% of its
investment programs, explained the next steps
The company will start looking for contractors in November, with a preference for Brazilian firms
(Photo Internet reproduction)The UFN-III plant has an interesting history
Construction began in 2011 but stopped in 2014 due to issues with the original contractors
Despite the pause, Petrobras kept the site in good shape
It will use natural gas and water to produce fertilizers.Once up and running, the UFN-III plant will be a powerhouse
the plant to start operations in 2028
