Wednesday, October 31, 2018

Hibernation of factories is deferred

Petrobras postponed for 31 January 2019 hibernation of its fertilizer factories of Sergipe (Fafen-SE) and Bahia (Fafen-BA), informed the oil company said in a statement on Tuesday (30), noting that even search alternatives to process. Hibernation is part of the strategy of letting the fertilizer sector. But alternatives that include lease are being evaluated. The company said it is in contact with representatives of the Governments and federations of industries, and that "it is necessary to this additional time for the completion of the analysis of alternatives to hibernation, but must be kept minimum levels of profitability."/ Reuters
DCI - 31/10/2018 News Item translated automatically
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