Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on July 9, 2024, informs that it has signed two agreements with Yara and Araucária Nitrogenados S.A. (ANSA), a wholly-owned subsidiary of the company, in a next step towards structuring a potential partnership within fertilizers and industrial products.
The first agreement includes the commercialization by Yara of Automotive Liquid Reducing Agent (ARLA 32) produced at ANSA, which will be made using urea supplied by Yara as a raw material. This agreement will allow the resumption of domestic production of the product, which is currently imported. The industrialization process will be carried out in parallel with the activities to fully resume operations at the Araucária plant.
The second is a technical cooperation agreement for the development of joint studies of fertilizers and industrial products, as well as energy transition efforts linked to decarbonization projects and the production of renewable and low-carbon fertilizers. This scientific, technological and operational cooperation aims to achieve greater production efficiency and increase the supply of these products on the market.
