(Petrobras, 14.Jan.2020) — Petrobras approved the mothballing of the fertilizer plant of its wholly owned subsidiary Araucária Nitrogenados S.A. (ANSA), located in the state of Paraná. ANSA has been posting recurring losses since it was acquired in 2013. From January to September 2019, the company posted a loss of about […]
Tag: Acron Group
Petrobras Deal With Acron Group Flops
(Energy Analytics Institute, Aaron Simonsky, 26.Nov.2019) — Brazil’s state oil company Petrobras announced that ongoing negotiations with Acron Group closed without the companies coming to agreement regarding divestment of the Brazilian company’s 100% equity interest in Araucária Nitrogenados S.A. (ANSA) and Nitrogen Fertilizer Unit III (UFN-III). Rio de Janeiro-based Petrobras […]