Petroleo Brasileiro SA Petrobras has announced an investment of R$870 million to restart operations at its wholly-owned Araucária Nitrogenados S.A (ANSA) fertilizer plant in Paraná, Brazil. The plant, which has been inactive since 2020, is expected to resume production in the second half of 2025. This decision follows technical and economic viability studies and aligns with Petrobras' Strategic Plan 2024-2028, which reintroduces fertilizer production into its portfolio. The reactivation process includes contracting services, acquiring materials with over 85% local content, and mobilizing service and equipment maintenance contracts. Former employees have returned to work following an agreement with the Labor Prosecutor's Office and the Superior Labor Court. Additionally, Petrobras plans to invest R$3.2 billion in its Presidente Getúlio Vargas Refinery (REPAR) for maintenance and new projects, including a new hydrotreating unit to increase S-10 diesel production and initiatives to improve energy efficiency and distillation capacity.

Petroleo Brasileiro SA Petrobras has announced an investment of R$870 million to restart operations at its wholly-owned Araucária Nitrogenados S.A (ANSA) fertilizer plant in Paraná, Brazil. The plant, which has been inactive since 2020, is expected to resume production in the second half of 2025. This decision follows technical and economic viability studies and aligns with Petrobras' Strategic Plan 2024-2028, which reintroduces fertilizer production into its portfolio. The reactivation process includes contracting services, acquiring materials with over 85% local content, and mobilizing service and equipment maintenance contracts. Former employees have returned to work following an agreement with the Labor Prosecutor's Office and the Superior Labor Court. Additionally, Petrobras plans to invest R$3.2 billion in its Presidente Getúlio Vargas Refinery (REPAR) for maintenance and new projects, including a new hydrotreating unit to increase S-10 diesel production and initiatives to improve energy efficiency and distillation capacity.