Petrochemicals News in Brazil

Petrobras & Braskem Complete Tests on Chemical Product with Renewable Content
7/19/2024 - Petrobras has successfully completed a series of industrial-scale tests to produce a stream of Light Refinery Hydrocarbons (LHR) rich in ethylene with renewable content. The project, in partnership wi...
Petrobras and CADE Sign Addendum to the TCC for the Refining Market
7/3/2024 - Petrobras, in continuation of the Material Fact disclosed on May 22, 2024, informs that it has signed with the Administrative Council for Economic Defense (“CADE”) an addendum to the Refining Cessatio...
Petrobras Signs an Agreement with European Energy to Assess E-Methanol Opportunities
11/16/2023 - Petrobras agreed a Memorandum of Understanding with the Danish company, European Energy, to investigate the business opportunities for developing an e-methanol plant in Brazil, on a non-binding basis....
Petrobras Clarifies Pieces of News in the Media
10/2/2023 - Petrobras, in relation to the news published in the media, informs that there is no decision by the competent bodies in the company to acquire the refineries that have been sold in recent years, or to...
Braskem Expands Biopolymer Production by 30% Following an Investment of $87M
7/24/2023 - In June, Braskem concluded a 30% increase in production capacity of its bio-based ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil. The US$ 87 million investm...
Petrobras on Pieces of News in the Media
6/13/2023 - Petrobras, regarding the pieces of news published in the media, clarifies that the operation in the petrochemical sector is one of the strategic elements of the Strategic Plan 2024-2028, as approved b...
Petrobras on Pieces of News in the Media
6/1/2023 - Petrobras, regarding the pieces of news released in the media, confirms that it met with executives from the Apollo fund and Adnoc, in which occasion it discussed Petrobras' position in the Brazilian ...
ICM Strengthens Position in Brazil With New Office Space
2/16/2023 - ICM announced the opening of a new regional office in Brazil. The new office, located in the heart of São Paulo’s business district, will serve as a hub for the company’s operation in the region and w...
ICM and Impacto to Build Bahia’s First Corn-Based Biorefinery
8/8/2022 - In a recently signed contract, ICM, Impacto Energia S/A and its sister company, Impacto Bioenergia, have agreed to build a new dry-mill ethanol production facility in Bahia, Brazil, with an estimated ...
Petrobras on Record for S-10 Diesel and Asphalt
11/10/2020 - Petrobras informs that it has broken the S-10 Diesel sales record for the second consecutive month. In October, the company sold 2.01 million cubic meters, 4.8% above the previous record, in September...
Petrobras on Asphalt Sale by Reduc
7/13/2020 - Petrobras reports that its refinery in Duque de Caxias (Reduc), located in Rio de Janeiro, reached the mark of 16,773 tons of asphalt sold in June 2020, an increase of 42.5% compared to May and 120.8%...
Petrobras on New Naphtha Contracts with Braskem
6/10/2020 - Petrobras informs that it signed new long-term contracts for the supply of petrochemical naphtha with Braskem S.A. ("Braskem") for the units in the states of Bahia and Rio Grande do Sul. ...
Petrobras Will Return to Petrochemical & Fertilizer Sectors
10/26/2016 - Brazil's state oil company Petrobras will only temporarily exit the petrochemicals and fertizer sectors as part of an asset sale plan to reduce debt and will return in the future, the company's direct...
Petrobras Plans to Exit Biofuels, LPG, Fertilizer & Petrochemical Sectors
9/20/2016 - Petrobras will optimize the business portfolio, withdrawing entirely from biofuel production, LPG distribution, fertilizer production and petrochemical interests, preserving technological competencies...
Naphta Agreement with Braskem
12/15/2015 - Petrobras informs that regarding the long-term agreement for the supply of naphtha, it is still negotiating with Braskem and in search for terms that are balanced and commutative for both companies. ...
Amendments to the Naphtha Supply Agreement
10/30/2015 - Petrobras through its Board of Executive Officers approved the celebration of the new amendments to the agreements for the supply of naphtha to Braskem. This amendment has duration of 45 days, startin...
Naphtha Supply Agreement Extension
10/29/2015 - Petrobras through its competent bodies will appreciate the proposed terms for the signature of new amendments to the naphtha supply agreements to Braskem, allowing supply to continue during negotiatio...
Abreu e Lima Initiates Atmospheric Distillation Unit
11/21/2014 - Petrobras began the first step to start-up the Abreu e Lima Refinery (Rnest), a company project located in Ipojuca, Pernambuco, by injecting natural gas into the Atmospheric Distillation Unit (UDA). ...

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