Petrobras Starts Sales Process for N Assets

Brazil’s Petrobras said Sept. 11 that it has initiated the disclosure phase to divest 100 percent of its assets in Araucária Nitrogenados SA (ANSA) and in the Nitrogen Fertilizer Unit III (UFN-III).

ANSA is a wholly-owned subsidiary of Petrobras, with a nitrogen fertilizer unit in operation, located in the State of Paraná, with a production capacity of 1,975 mt/d of urea and 1,303 mt/d of ammonia.

The UFN-III is a unit under construction, located in the State of Mato Grosso do Sul, with a physical advance of 81 percent. The plant will have urea production capacity of 3,600 mt/d and ammonia of 2,200 mt/d. The completion of the works will be the responsibility of the buyer.

More information is available at www.investidorpetrobras.com.br/en/press-releases.