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Petrobras and CSN to Develop Low-Carbon Hydrogen Plant

Dec 26, 20247 months ago

Contract Type

partnership

Biomass EnergyRenewable EnergyOil And GasEnergyManufacturing

Description

Petrobras has signed a Protocol of Intent with CSN and its subsidiary, CSN Inova Soluções S.A., to explore a potential business partnership to develop a commercial-scale low-carbon hydrogen plant in Paraná, Brazil. This initiative reflects the commitment of both companies to support global and local decarbonization efforts.

Company Information

Company

Petrobras and Companhia Siderúrgica Nacional S.A. (CSN)

About

Petrobras is an integrated energy company located in Brazil, while CSN is a major steel producer in Latin America.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months