We will terminate our biofuel production activities aiming to optimize our business portfolio. Activities at the Quixadá biodiesel plant were ceased in November 2016. The Montes Claros (MG) and Candeias (BA) plants remain in operation in 2017.
In the future, Petrobras may re-evaluate the investment in this segment and, for that, use another business model. In this context, we will continue investing in renewable energy and biofuel research with the objective of making available technologies and maintaining technical skills that will allow us to return to the business on a competitive basis.
We have developed technologies to produce ethanol, aviation biofuel, diesel, and gasoline from agricultural waste at our Research Center (Cenpes). We created technologies to produce biodiesel and biolubricants from oils of different feedstock. We also cultivate microalgae for biofuel, biogas, and bio-oil production, among other activities.