Ultrapar Participacoes SA (UGP) has released an update.
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Ultrapar Participações S.A. is set to bolster LPG supply in Brazil’s North and Northeast regions through a strategic partnership with Supergasbrás Energia Ltda. The collaboration involves a joint investment of R$ 1.2 billion for the construction of a new LPG terminal at the Port of Pecém, expected to be completed by 2028. This venture highlights Ultrapar’s focus on enhancing supply chain efficiency and forging key partnerships.
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