The objective of the partnership signed between Petrobras and Unigel is to expand their activities in the fertilizer market

Petrobras is planning a return to the fertilizer sector in partnership with Unigel Participações SA The company recently announced that it has started discussions with Unigel to analyze joint opportunities in the areas of fertilizers, green hydrogen and low carbon projects. It is worth remembering that Unigel is the current operator of the Fertilizer Factories (Fafen) located in Bahia and Sergipe, which were leased by Petrobras in 2020, according to the website PetroNotícias.

This initiative marks a strategic move by Petrobras to expand its operations in the fertilizer sector, taking advantage of Unigel's expertise in this field. The partnership aims to explore development opportunities in fertilizers, which play a crucial role in the agricultural industry, as well as projects related to green hydrogen and low-carbon technologies, in line with global efforts to combat climate change.

Petrobras union with Unigel intends to strengthen fertilizer market 

By joining forces with Unigel, Petrobras seeks to strengthen its presence in the fertilizer market, taking advantage of the partner's technical knowledge and existing infrastructure. the production of fertilizers is strategic for the agricultural sector, contributing to increased productivity and food security.

In addition, the partnership with Unigel also seeks to explore opportunities in the area of ​​green hydrogen, a clean and renewable energy source that has been increasingly valued globally. By investing in low carbon projects and sustainable technologies, Petrobras demonstrates its commitment in contributing to the transition to a low-carbon economy and promoting environmental sustainability.

Petrobras' return to the fertilizer sector in partnership with Unigel represents a strategic opportunity for growth and diversification of the company's businesses. Through this collaboration, it is expected to boost fertilizer production, develop innovative and sustainable solutions for the agricultural industry and actively participate in the global energy transition.

Petrobras and its desire for diversification

Last week, Petrobras revealed the drivers of its 2024-28 Strategic Plan, evidencing its vision to become a diversified and integrated energy company committed to creating value and building a more sustainable world. In this sense, the company intends to reconcile its traditional focus on oil and gas with diversification into low-carbon businesses, including petrochemical products and fertilizers.

Petrobras' strategy reflects a proactive approach to the global energy transition and commitment to environmental sustainability. Recognizing the importance of facing the challenges of climate change, the company is looking to expand its activities beyond the oil and gas sector, exploring opportunities in low carbon businesses.