Petrobras (PBR) to Supply 20% of Brazil’s Fertilizer Needs in 2026

Core Insights - Petrobras is set to supply approximately 20% of Brazil's nitrogen fertilizer demand by 2026 as it restarts operations at three local plants [1][3][4] - The Bahia and Sergipe plants will contribute 5% and 7% to the national urea market, respectively, as part of Petrobras' strategic plan [2] - The Parana state unit has already resumed operations and is expected to meet 8% of the national urea demand [3] - A nitrogen fertilizer plant in Mato Grosso do Sul is also being restarted, which will add another 15% to the country's total nitrogen fertilizer supply, bringing Petrobras' total contribution to 35% [4] - These initiatives align with President Lula's strategy to reduce Brazil's reliance on fertilizer imports by encouraging Petrobras to invest in the nitrogen fertilizer sector [5]