SUGAR LAND--July 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Pasadena Refining System Incorporated (PRSI) (Pasadena, Texas) is nearly complete with the demolition of a former paper mill located adjacent to their site. The former paper mill site is located immediately across from the refinery and provides the space necessary for a planned expansion of the PRSI refinery, which will cost an estimated $1 billion to complete. PRSI is a joint venture of Petroleo Brasileiro S.A. (NYSE:PBR) (Petrobras) (Rio de Janeiro, Brazil) and Astra Holding USA Incorporated (Huntington Beach, California), who jointly participate in the management of refinery and trading operations.