Petroleo Brasileiro Petrobras SA Acquires Araucaria Nitrogenados SA from Vale SA

Wednesday, 19 Dec 2012 06:05am EST 

Petroleo Brasileiro Petrobras SA announced that it has reached agreement for the acquisition of a 100% stake in Araucaria Nitrogenados SA from Vale SA. It is located in Araucaria, in the state of Parana in Brazil. The transaction value is BRL 234 million. Araucaria Nitrogenados SA has a production plant with the capacity of 700,000 tons per year of urea, 475 tons per year of ammonia and 450,000 cubic meters per year of Arla 32. 

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