Ultrapar negotiates refinery deal with Petrobras
Ultrapar negotiates refinery deal with Petrobras
January 21, 2021 Brazilian conglomerate starts talks with the state-owned oil company after making the highest bid for Refap
M&AEnergyGasBrazil Brazilian conglomerate Ultrapar Participações has confirmed that it is in talks to buy the Alberto Pasqualini Refinery (Refap) in the southern state of Rio Grande do Sul from the state-owned oil company Petrobras. The potential acquisition of Refap will strengthen Ultrapar s position in the industry, contributing to a more complementary and synergistic business portfolio, with increased efficiency, potential to generate value to the whole chain and benefits for consumers, the São Paulo-based co
Petrobras on refinery sales
édité le 20/01/2021 - Plus de news de PETROBRAS - Voir la fiche entreprise de PETROBRAS
Petróleo Brasileiro S.A. - Petrobras, regarding the news published in the media on the divestments progress of the refineries, clarifies:
- (i) the company has received a binding proposal for the sale of Alberto Pasqualini Refinery (REFAP), in Rio Grande do Sul, and is in the negotiation phase with Ultrapar Participações S.A.;
- (ii) the company has received binding proposals for the sale of Presidente Getúlio Vargas Refinery (REPAR), in Paraná, and is in the phase of analyzing the proposals;