Petroleo Brasileiro SA- Petrobras (PBR) has released an update.
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Petrobras has entered into agreements with Yara to restart domestic production of Automotive Liquid Reducing Agent (ARLA 32) and develop joint studies on fertilizers and decarbonization projects. The partnerships aim to enhance production efficiency and increase the supply of industrial products in the market. Additionally, Petrobras plans to invest R$870 million to bring the Araucária plant back online by May 2025.
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