en.Wedoany.com Reported - On June 25, local time, PowerChina Brazil Branch and Petrobras officially signed the EPC contracts for Lots 6, 8, and 10 of the Third Nitrogen Fertilizer Plant (UFN-III) project. Brazilian President Luiz Inácio Lula da Silva attended the project signing ceremony and witnessed the signing.
Located in Três Lagoas, Mato Grosso do Sul State, Brazil, the project is a key initiative under Brazil's "New Growth Acceleration Program" (Novo PAC) and an important measure to advance reindustrialization, ensure food security, and enhance industrial chain resilience. Scheduled to commence production in 2029, the plant will produce approximately 1.2 million tons of urea and 700,000 tons of liquid ammonia annually upon completion, effectively boosting Brazil's domestic fertilizer supply capacity, reducing dependence on imported products, and providing strong support for agricultural production and food security. During the construction phase, the project is expected to create approximately 8,000 jobs and drive the development of local equipment manufacturing, logistics, and related industries, significantly contributing to regional economic growth and industrial upgrading.
This signing marks an important breakthrough for PowerChina in Brazil's petrochemical sector. The project is also the first fertilizer plant project undertaken by PowerChina globally that includes core processes, further expanding the company's industrial plant business portfolio.
In recent years, PowerChina has continued to deepen its presence in the Brazilian market, actively participating in local energy, power, infrastructure, and industrial projects. The participation in the construction of Brazil's Third Nitrogen Fertilizer Plant represents an important practice for PowerChina in supporting Brazil's industrialization process, injecting new momentum into deepening China-Brazil practical cooperation and building a China-Brazil community with a shared future.
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