Brazil's Petrobras starts new sale process for fertilizer project
- Oops!Something went wrong.Please try again later.
- PBR-A
May 31 (Reuters) - Brazilian state-run oil company Petrobras said Tuesday it was kicking off a new effort to sell a fertilizer project in Mato Grosso do Sul state after the collapse of a deal earlier this year to sell it to Russia's Akron group.
In a securities filing, the company said the "teaser" process was aimed to promoting the sale of the nitrogen fertilizer industrial unit, whose construction was halted in 2014 with about 80% of the works completed. (Reporting by Carolina Pulice; Editing by Christian Plumb)