Brazil's CADE approves Ultragaz-Supergasbras LPG terminal amid market closure concerns
By Maria Júlia Baumert ( August 20, 2025, 23:25 GMT | Insight) -- Brazil’s competition authority unanimously approved creation of a joint venture between Companhia Ultragaz and Supergasbras for the construction and operation of a liquefied petroleum gas terminal at the Pecém Industrial and Port Complex in Ceará. The decision was unanimously approved and led by the body's president, Gustavo Augusto, and followed by an appeal from third party Queiroz Participações.The Tribunal of Brazil’s competition authority today unanimously approved creation of a joint venture between Companhia Ultragaz and Supergasbras for the construction and operation of a liquefied petroleum gas, or LPG, terminal at the Pecém Industrial and Port Complex in Ceará....
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