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Yara and Petrobras sign MOU related to fertilizer reduction and decarbonization
Mar. 4, 2024
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Petrobras Distribuidora S/A
BrazilFollow
BrazilYara Brasil Fertilizantes S.A. (Yara) and Petrobras have signed a non-binding Memorandum of Understanding (MOU) to explore potential business partnerships related to production and decarbonization of local fertilizer and industrial products.
Brazil is a significant market for both agricultural and industrial applications with focus on domestic production growth and future decarbonization. Yara is playing a leading role in tackling the food crisis and is committed to decarbonizing the food value chain, essential industrial and air-quality applications, and zero-emission shipping fuel and energy solutions. To be successful, collaboration across the entire value chain is essential.
Relevant updates will be shared with the market in due course.
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