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Petroleo Brasileiro SA Petrobras | 6-K: Petrobras approves reactivation of fertilizer plant in Araucária (PR)

SEC announcement ·  Apr 18 15:22
Summary by Moomoo AI
Petrobras, officially known as Petroleo Brasileiro SA, has announced the approval of initial measures for the revitalization and future reactivation of the Araucária Nitrogenados S/A (ANSA) fertilizer plant, which has been inactive since 2020. The plant, situated in Paraná, Brazil, boasts a production capacity of 720,000 tons/year of urea, 475,000 tons/year of ammonia, and 450,000 m³/year of Automotive Liquid Reducing Agent (ARLA 32). This decision aligns with Petrobras' revised strategic guidelines from the previous year, which reinstated fertilizer production as a component of its portfolio. The company's Executive Board has approved negotiations for two-year fixed-term employment contracts with former employees and the Superior Labor Court, as well as the initiation of procedures for contracting maintenance services and...Show More
Petrobras, officially known as Petroleo Brasileiro SA, has announced the approval of initial measures for the revitalization and future reactivation of the Araucária Nitrogenados S/A (ANSA) fertilizer plant, which has been inactive since 2020. The plant, situated in Paraná, Brazil, boasts a production capacity of 720,000 tons/year of urea, 475,000 tons/year of ammonia, and 450,000 m³/year of Automotive Liquid Reducing Agent (ARLA 32). This decision aligns with Petrobras' revised strategic guidelines from the previous year, which reinstated fertilizer production as a component of its portfolio. The company's Executive Board has approved negotiations for two-year fixed-term employment contracts with former employees and the Superior Labor Court, as well as the initiation of procedures for contracting maintenance services and critical materials for the plant's resumption. These steps are part of the first phase of re-entering the fertilizer sector, focusing on reconfiguring and consolidating viable operations in existing assets. The labor agreements and contracting process are pending further decisions by the Board of Executive Officers once the procedures are clearly defined. Additionally, Petrobras has recommended that ANSA conduct field work to optimize the scope of the scheduled stoppage and assess equipment integrity. Further internal analyses and consultations are ongoing, with material facts to be disclosed to the market in due course.

This announcement is a separate document:

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