US EditionPetrobras announces investment of R$ 5.5 billion to convert refinery into biorefinery” Political Connection
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The Riograndense Refinery, controlled by Petrobras, Braskem and Grupo Ultra, will receive an investment of R$ 5.5 billion for its total conversion into a biorefinery, as announced this Monday (24) by the president of Petrobras, Magda Chambriard. Located in Rio Grande do Sul, the unit will be the first in Brazil to operate “without a drop of oil”, according to the executive. “It will be a biorefinery that will produce fuels only from vegetable oi…
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