Petrobras approved a one-point-two-billion-dollar plant to make bio-jet fuel and renewable diesel at its Cubatão refinery, with start-up planned for 2030.
Energy · Brazil
Key Facts
—The decision. Petrobras approved a final go-ahead on June 19 for a dedicated plant making bio-jet fuel and renewable diesel.
—The price tag. The investment is put at about $1.2 billion, with construction due to start by the end of 2026.
—The site. The plant sits at the Presidente Bernardes refinery in Cubatão, in São Paulo state.
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