Petrobras Partners with Yara to Boost Fertilizer Sector

Petrobras Partners with Yara to Boost Fertilizer Sector

Petroleo Brasileiro SA- Petrobras (PBR) has released an update.

Petrobras advances in its strategic plan with a Master Agreement signed with Yara Brasil Fertilizantes S.A., focusing on potential partnerships in fertilizer production, industrial product development, and decarbonization efforts. This collaboration aligns with Petrobras’ recently renewed interest in the fertilizer sector as part of its 2024-28+ Strategic Plan. The next phase will explore synergies between Petrobras and Yara’s operations to enhance efficiency and sustainability in Brazil’s fertilizer market.

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