The divestment of Petrobras, in Bahia, involves the only company that manufactures active components for the production of domestic detergent
In a statement sent to the market this Thursday (16/09), Petrobras informs that it has concluded the non-binding phase related to the sale of its entire 27,88% stake in Deten Química, located in the industrial complex of Camaçari, in the state of Bahia. The company is starting today the binding phase of the project. Also read this news: Petrobras CEO says Fortaleza thermoelectric plant should return to operation in October
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The sale of the stake in Deten Química
The state-owned company has already completed the non-binding phase that began in July. According to Petrobras, potential buyers of the company located in the Camaçari Complex, in the state of Bahia, qualified for this phase will receive an invitation letter with instructions on the divestment process, including guidelines for carrying out due diligence and for submitting binding proposals.
Deten manufactures and markets the main raw materials for the production of liquid and powder biodegradable detergents. According to Petrobras, the company located in the Camaçari Complex, in the state of Bahia, is the only national producer of Linear Alkylbenzene (LAB), a precursor to Acido Linear Alkylbenzene Sulfonate (LABSA), which it also manufactures and which acts as an active component in domestic dishwashing detergent. The company also produces Heavy Alkylate (ALP), used in lubricant additives and textile oil.
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Petrobras reinforces that the sale operation of the company located in the Camaçari Complex, in the state of Bahia, is in line with the strategy of optimizing the portfolio and improving the allocation of the company's capital, with a view to maximizing value.
Check out this news: Petrobras and Gerdau sign a contract to supply natural gas in Minas Gerais
Petrobras and Gerdau signed a contract for the supply of natural gas in the free market to serve the Gerdau unit, located in Ouro Branco, in the state of Minas Gerais. The contract signed between the companies represents the first contractual migration of a customer from the captive market to the free market and a milestone in the process of opening the natural gas market.
Rodrigo Costa, director of Refining and Natural Gas at Petrobras, says that the direct agreement between Petrobras and Gerdau materializes Petrobras' orientation of meeting consumer objectives, offering new products and commercial solutions that adhere to customer needs , ensuring reliability, competitiveness, flexibility and satisfaction for both companies. For Petrobras, the contract with Gerdau is part of the portfolio of new products launched in 2021, which offers its customers new commercial conditions, enabling them to better manage their portfolio of natural gas purchases. The agreed contract represents the indexation of a mix of products, effective until 2025.
The contract provides Gerdau with supply security and commercial conditions that are more in keeping with its operating profile, with supply beginning scheduled for January 1, 2022 and after the signing of a distribution service contract between Gerdau and respective Local Distributor Company, in line with the legal and regulatory evolution of the natural gas market in Minas Gerais. Vinicius Moura, General Manager of Supplies at Gerdau, says that this partnership with Petrobras crowns Gerdau's strategy of seeking to develop and supply the gas market in Brazil. In this way, we understand that with the developed market, more players will follow in the same direction and new opportunities will arise, says the Gerdau executive.