Petrobras to Resume Fertilizer Plant Construction in Mato Grosso do Sul by September
Petrobras plans to resume construction of a fertilizer plant in Mato Grosso do Sul by September. An executive noted that lower oil prices and the US-Iran deal will allow postponed refinery maintenance to proceed.
PBR
Petrobras intends to restart building a fertilizer plant in Mato Grosso do Sul state by September, according to a company executive. The project had been delayed.
The executive also stated that the recent decline in oil prices, combined with the US-Iran agreement, creates conditions for the company to carry out previously postponed refinery maintenance work. No further details on timing or costs were provided.
Source: First Squawk