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Brazil's Petrobras puts fertilizer unit up for sale

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Marcelo Rochabrun Reuters
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Credit: REUTERS/SERGIO MORAES

Brazil's Petrobras said on Thursday that it had released a teaser regarding the sale of its stake in fertilizer firm Araucária Nitrogenados S.A. in the state of Parana.

SAO PAULO, Sept 17 (Reuters) - Brazil's Petrobras said on Thursday that it had released a teaser regarding the sale of its stake in fertilizer firm Araucária Nitrogenados S.A. in the state of Parana.

Araucária produces nitrogen fertilizers but its main plant is not currently in operation. The plant's restart will the responsibility of the new buyer, Petrobras said.

(Reporting by Marcelo Rochabrun; Editing by Sandra Maler)

((marcelo.rochabrun@thomsonreuters.com; +55 11 5644 7768;))

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