May 11, 2018 |
Petrobras is negotiating the sale of its fertilizer units, Araucaria Nitrogenados (ANSA) and Unidade de Fertilizantes Nitrogenados III (UFN-III), with Acron.
According to a statement from the Brazilian state-backed energy company, the pair have entered into a 90-day exclusivity period.
UFN-II is expected to produce 761,000 t/y of ammonia and urea. Construction was 81% complete in September, LatinFinance reported at the time.
Any potential buyer will be charged with completing construction of
Brazilian energy company enters into a 90-day exclusivity period with the chemical plant operator and phosphate miner