Brazil’s Petrobras to start fertilizer plant by end-2014

02 August 2012 20:32  [Source: ICIS news]

CAMPINAS, Brazil (ICIS)--Brazil's Petrobras plans to start up an ammonia sulphate fertilizers plant in the city of Tres Lagoas, in Mato Grosso do Sul state, by the end of 2014, the company's CEO said on Thursday.

The plant should begin operating by December of 2014, according to the company.

"There's the need of substitution of urea and ammonia imports. We have a great market in Brazil, even considering the beginning of operations of this plant", said Petrobras CEO Maria das Gracas Foster.

The facility is expected to produce1.2m tonnes/year of granulated urea and 70,000 tonnes/year of ammonia.

Currently, Brazil imports 66% of its urea and 70% of its ammonia.

By: Leo Siqueira
+1 713 525 2600

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