Petrobras and Yara Sign Agreement for Diesel Exhaust Fluid Sales in Brazil

Petrobras, Brazil's state oil company, has signed agreements with ANSA and fertilizer firm Yara. Yara could sell AUS 32 diesel-exhaust fluid in Brazil.

Why it's important

Brazil imports AUS32, or 32% solution of aqueous Urea, to reduce the emissions from diesel cars. ANSA will produce AUS 32 in its plant in Parana in the south of Brazil, which should be operational again in May.

This is also another step in Petrobras's goal to enter the fertilizer industry.

DETAILS

Petrobras stated that Yara will supply the urea for AUS 32, and then sell the finished product.

Petrobras and Yara signed a second agreement to conduct joint studies on fertilizers and industrial products. The agreement also covers efforts to transition energy in relation to decarbonization and production of low-carbon, renewable fertilizers.

KEY QUOTE

Petrobras said in a press release that the scientific, technical and operational collaboration aims to increase production efficiency and supply of these products. (Reporting and editing by Leticia Fukuchima)

(source: Reuters)