Petrobras plans to restart construction of the long-delayed UFN-III fertilizer plant in Três Lagoas, Mato Grosso do Sul, with work expected to resume by September. The project, inactive since 2015, will require an estimated investment of $1 billion and aims to begin commercial operations by 2029. Once operational, the facility will produce 3,600 metric tons of urea and 2,200 metric tons of ammonia per day, reducing Brazilian urea imports by approximately 12% on its own. Combined with other reactivated nitrogen fertilizer facilities in Paraná, Bahia, and Sergipe, the company expects to cut urea imports by up to 35%. The plant's strategic location near major agricultural states is expected to lower transportation costs and strengthen domestic fertilizer supply.
Petroleo Brasileiro Petrobras SA ADRPetrobras is resuming construction of UFN-III fertilizer plant, a major capital project with $1B investment.
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