According to a statement that was made public, Petrobras approved the end of process for the full sale of the Nitrogen Fertilizers Unit III (UFN-III). “Petrobras says that the full sale of the Nitrogen Fertilizers Unit III (UFN-III) was approved following the closing of the competitive process, which was in the binding phase. According to the current Strategic Plan 2023–2027, Petrobras will evaluate its next steps regarding the divestment of the disputed asset and reiterates its commitment to the broad transparency of its divestment projects and portfolio management”. UFN-III is an industrial unit of nitrogen fertilizers located in Três Lagoas, in the state of Mato Grosso do Sul.
Sources: Global fert/Canal Rural (*Translated by Ia Niani)