(Energy Analytics Institute, 18.Nov.2024) — Petróleo Brasileiro S.A. or Petrobras signed two agreements with Yara and Araucária Nitrogenados S.A. (ANSA) in a next step towards structuring a potential partnership within fertilizers and industrial products.
The first agreement includes the commercialization by Yara of Automotive Liquid Reducing Agent (ARLA 32) produced at ANSA, a wholly-owned subsidiary of Petrobras, which will be made using urea supplied by Yara as a raw material.
This agreement will allow the resumption of domestic production of the product, which is currently imported, Petrobras announced 18 Nov. 2024 in an official statement.
The industrialization process will be carried out in parallel with the activities to fully resume operations at the Araucária plant.
The second agreement is for technical cooperation for the development of joint studies of fertilizers and industrial products, as well as energy transition efforts linked to decarbonization projects and the production of renewable and low-carbon fertilizers. This scientific, technological and operational cooperation aims to achieve greater production efficiency and increase the supply of these products on the market, Petrobras said in the statement.
On resumption of ANSA
According to details revealed to the market on 6 Jun. 2024 and 15 Aug. 2024, Petrobras will invest R$870mn to resume ANSA’s operational activities. The plant, located in Paraná, has been mothballed since 2020 and had the return to operation approved in Jun. 2024. Petrobras said the plant is expected to start operating again in May 2025, in an effort to bring forward the initial forecast.
The resumption activities are being carried out directly by Petrobras and ANSA.
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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
