Petróleo Brasileiro SA, Rio de Janeiro, said on March 21 it has secured a favorable court decision, reversing the union-led injunction that suspended its planned mothballing of the nitrogen fertilizer plant at Laranjeiras, Bahia (Fafen-BA), in northeast Brazil (GM Feb. 8, p. 1). As a result, it said it can now proceed with the shuttering of the plant.
The oil and gas group started the mothballing process for its other northeast Brazilian nitrogen fertilizer plant at Camaçari, Sergipe (Fafen-SA) as planned early last month (GM Feb. 8, p.1).
It said the bidding process for the leasing of both plants, initiated in January (GM Jan. 11, p. 25), is still in progress.