Skip to main content

Petrobras announces intention to mothball two fertilizer factories

Published by , Editor
World Fertilizer,


According to Reuters, Petroleo Brasileiro (Petrobras) – the Brazilian state-run oil company – has announced that it will mothball two fertilizer factories towards the end of 1H18.

The units (Fafen-SE and Fafen-BA) are in Sergipe and Bahia, and reported losses of 600 million reais (US$182.63 million) and 200 million reais last year, respectively.

According to Reuters, Petrobras is looking to exit the fertilizer business.

Read the article online at: https://www.worldfertilizer.com/project-news/21032018/petrobras-announces-intention-to-mothball-two-fertilizer-factories/

You might also like

CF Industries announces emissions reduction project at Yazoo City

CF Industries has announced that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex that is expected to reduce carbon dioxide (CO2) emitted to the atmosphere from the facility by up to 500 000 tpy.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Fertilizer project news


 

World Fertilizer is not responsible for the content of external internet sites.