Petrobras Biocombustivel, the alternative fuels arm of Petrobras, is planning an investment of approximately BRL100 million in the Quixada plant. The plant is expected to process several types of oleaginous seeds, including sunflower, castor and soybeans.

Petrobras’s planned Premium-II refinery in Ceara is expected to have a refining capacity of 300,000 barrels per day. The refinery, Brazil’s first in 28 years, will produce Euro-5 diesel, with sulfur content of less than 10 parts per million.

The company said that the reason for locating the refinery in Ceara was the existence of appropriate infrastructure in the state, with focus on the Port of Pecem, located in the municipality of Sao Goncalo de Amarante.

Paulo Costa, Petrobras’s downstream director, said: Analyzing our perspectives, we will have to process 3.5 million barrels, and our current capacity is for 1.9 million. That is why we need to boost our capacity by building five new refineries.