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Petrobras in discussion with Unigel Participações S.A. on development of fertilizers and green hydrogen

Published by , Deputy Editor
World Fertilizer,

Petrobras has initiated discussions with Unigel Participações S.A. to analyse joint business involving opportunity development in the areas of fertilizers, green hydrogen and low-carbon projects, in line with the revision of the strategic elements for Petrobras' Strategic Plan 2024 – 2028, as disclosed to the market on 01 June 2023.

Petrobras and Unigel signed a non-binding and two-year confidentiality agreement. Only after the conclusion of technical analyses by a multidisciplinary group will any projects arising from the agreement have official estimates of cost and return, necessary for future consideration by internal approval bodies, in accordance with the company's governance.

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Fertilizer project news