Petrobras' Board of Directors approved on Monday the resumption of construction of UFN-III, a fertilizer plant in Três Lagoas (MS). Construction has been halted since 2015 and is expected to restart this semester.
The UFN-III has been halted since 2015, and its resumption came onto Petrobras' radar in 2023, when the company decided to return to the fertilizer segment. Urea is the most demanded nitrogen fertilizer in Brazil, with national consumption of around 8 million tons per year.
Petrobras' Board of Directors approved the resumption of UFN-III construction in Três Lagoas (MS)
Petrobras estimates an investment of US$ 1 billion to complete the unit
Construction has been halted since 2015
Expected production is 3,600 tons of urea and 2,200 tons of ammonia per day
Commercial operations are scheduled to begin in 2029
Construction resumption is expected to occur this semester
The unit's implementation began being reassessed from 2023
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (4)
The unit's implementation was approved by the board in October 2024, within the 2026-2030 Business Plan
The project is expected to generate around eight thousand jobs
National urea consumption is around 8 million tons per year
Production will be primarily destined for the states of MT, MS, GO, PR and SP
No gaps declared — all sources converge on the material facts.