BRAZIL’S PETROBRAS TO RESUME INVESTMENTS IN FERTILIZER PLANTS

Brazil’s minister of agriculture, Carlos Fávaro, pushed for treating fertilizer production as a matter of national security and asserted that the president had instructed Petrobras to begin manufacturing the commodity. One of the schemes in which Petrobras must take part is the continuation of the nitrogenous production facilities that had already begun but were delayed. Three divisions, according to Favaro, make up the state-run oil corporation. The suggestion is to ascertain what is necessary to finish the plants and get them ready to produce fertilizers. The Agriculture Minister added that the government will continue to support the National Fertilizer Plan in order to reduce its reliance on foreign suppliers. Additionally, he emphasized the possibility of the potassium deposit in Autazes, an area of the Amazon that is not home to any indigenous lands.

Source: Globo Rural (*Translated by Ia Niani)