Petrobras and Braskem have announced the signing of new long-term supply contracts valued at a total of USD 17.84 billion. These agreements, secured ahead of the expiration of current contracts, involve the supply of petrochemical feedstock to Braskem’s industrial facilities. The primary set of contracts, worth an estimated USD 11.3 billion, covers the purchase and sale of petrochemical naphtha to supply Braskem’s plants in São Paulo, Bahia, and Rio Grande do Sul. Additionally, the companies signed contracts worth approximately USD 5.6 billion for the supply of ethane, propane, and hydrogen to units in Rio de Janeiro, and agreements valued at USD 940 million for the purchase and sale of propylene.
Source: DATAGRO (*Translated by Ia Niani)