Petrobras and Yara sign agreements for technical cooperation and industrialization of ARLA 32

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on July 9, 2024, informs that it has signed two agreements with Yara and Araucária Nitrogenados S.A. (ANSA), a wholly-owned subsidiary of the company, in a next step towards structuring a potential partnership within fertilizers and industrial products.

The first agreement includes the commercialization by Yara of Automotive Liquid Reducing Agent (ARLA 32) produced at ANSA, which will be made using urea supplied by Yara as a raw material. This agreement will allow the resumption of domestic production of the product, which is currently imported. The industrialization process will be carried out in parallel with the activities to fully resume operations at the Araucária plant.

The second is a technical cooperation agreement for the development of joint studies of fertilizers and industrial products, as well as energy transition efforts linked to decarbonization projects and the production of renewable and low-carbon fertilizers.  This scientific, technological and operational cooperation aims to achieve greater production efficiency and increase the supply of these products on the market.

On the resumption of ANSA

According to notices released to the market on June 6 and August 15, 2024, Petrobras will invest R$870 million to resume ANSA’s operational activities. The plant, located in Paraná, has been mothballed since 2020 and had the return to operation approved in June 2024. The plant is expected to start operating again in May 2025, in an effort to bring forward the initial forecast. The resumption activities are being carried out directly by Petrobras and ANSA.

About Yara

Founded in Norway in 1905, Yara has 18,000 employees and operations in more than 60 countries. In Brazil, Yara is positioned in all the main agricultural hubs. With more than 5,000 employees in the country, the company serves all types of producers and crops and has been working to boost fertilizer production, reducing dependence on raw material imports and modernizing the domestic industry.