PRESS RELEASE

YPFB will sell 17,000 MT of urea to Brazil's Hinove Agrociencia in the last four-month period

By
Tuesday, August 28, 2018

This YPFB press release was published using an automatic translation system.

The president of the Plurinational State of Bolivia, Evo Morales Ayma, took part this Tuesday in the signing of a contract for the sale of 17,000 metric tons (TM) of urea between the representatives of YPFB and the Brazilian company Hinove Agrociencia.

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The authorities of both companies also signed a Memorandum of Understanding for the sale of urea for an additional 200,000 tons by 2019.

The agreement was signed between the president of YPFB, Óscar Barriga Arteaga, and the director of the Brazilian company Hinove Agrociencia, Renato Benatti, within the framework of the First International Gas Forum, Petroquímica, Combustibles Verdes Bolivia 2018, which takes place in the city of Santa Cruz.

Hinove Agrociencia is a Brazilian company dedicated to innovation in the field of special fertilizers, this for Agriculture in Brazil. The headquarters of Hinove is located in the State of Sao Paulo - Brazil.

The product will be dispatched from the Ammonia and Urea Plant, located in Bulo Bulo, department of Cochabamba, starting in September and in December, the last volume will be sent.

Likewise, Business Intent is the sale of urea for the period of three years, of up to 200,000 metric tons for the 2019 management. For the 2020 and 2021 administrations, the sale of up to 300,000 metric tons is foreseen.

The president of the Plurinational State of Bolivia, Evo Morales Ayma, took part this Tuesday in the signing of a contract for the sale of 17,000 metric tons (TM) of urea between the representatives of YPFB and the Brazilian company Hinove Agrociencia.

The authorities of both companies also signed a Memorandum of Understanding for the sale of urea for an additional 200,000 tons by 2019.

The agreement was signed between the president of YPFB, Óscar Barriga Arteaga, and the director of the Brazilian company Hinove Agrociencia, Renato Benatti, within the framework of the First International Gas Forum, Petroquímica, Combustibles Verdes Bolivia 2018, which takes place in the city of Santa Cruz.

Hinove Agrociencia is a Brazilian company dedicated to innovation in the field of special fertilizers, this for Agriculture in Brazil. The headquarters of Hinove is located in the State of Sao Paulo - Brazil.

The product will be dispatched from the Ammonia and Urea Plant, located in Bulo Bulo, department of Cochabamba, starting in September and in December, the last volume will be sent.

Likewise, Business Intent is the sale of urea for the period of three years, of up to 200,000 metric tons for the 2019 management. For the 2020 and 2021 administrations, the sale of up to 300,000 metric tons is foreseen.