South America

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Weekly Americas Base Oil Price Report

August 13, 2025

While domestic base oil prices were mostly stable, spot export indications for some grades have slipped on account of gr ...

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Weekly Americas Base Oil Price Report

July 30, 2025

With supply and demand conditions showing little change over the week, base oil prices were generally reported as stable ...

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Weekly Americas Base Oil Price Report

July 23, 2025

The base oils market seems to have slipped into a summer slumber, with demand described as steady, but not particularly ...

Vibra Mulls Moove Purchase

Vibra Mulls Moove Purchase

July 21, 2025

Brazil’s Vibra Energia kicked off discussions with Cosan S.A. over potentially buying its lubricants business Moove.

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Weekly Americas Base Oil Price Report

July 16, 2025

With the summer driving season underway and base oil demand beginning to decline as the peak lubricant production cycle ...

Brazil’s Vibra Launches Self-branded Base Oil

Brazil’s Vibra Launches Self-branded Base Oil

July 16, 2025

Vibra, Brazil’s largest fuel distributor, launched a new brand, Vibra Base Oil.

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IMCD Acquires Apus Quimica

July 9, 2025

Specialty chemicals formulator and distributor IMCD has agreed to acquire all shares of Apus Química SpA, a Chilean dis ...

Petrobras to Raise Base Oil Output in Rio

Petrobras to Raise Base Oil Output in Rio

July 7, 2025

Petrobras plans to invest $6.07 billion in increasing refining and petrochemicals capacity.

Ethanolamines Plant in Nanjing Back on in May

Ethanolamines Plant in Nanjing Back on in May

May 28, 2025

Operations at the joint BASF-Sinopec ethanolamines plant in Nanjing are expected to resume at the end of May.

Fuchs’ New Brazil Plant Signals Latin America Push

Fuchs’ New Brazil Plant Signals Latin America Push

May 28, 2025

Fuchs Petrolub SE, the German lubricants manufacturer, is investing more than 220 million Brazilian real (U.S.$39 millio ...

Aramco Pushes Further into South America

Aramco Pushes Further into South America

April 4, 2025

Saudi Aramco acquired Peruvian fuel distributor Primax for $3.5 billion.

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Brazil Base Oils Cooled in January

March 7, 2025

Brazil’s base oil market is off to a slower start in 2025 as domestic production and imports both declined significant ...

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State Investigates Moove Fire

February 19, 2025

Prosecutors in the Brazilian state of Rio de Janeiro opened an investigation into a large Feb. 8 fire at a Moove finishe ...

Crews Battle Blaze at Moove’s Rio Site

Crews Battle Blaze at Moove’s Rio Site

February 12, 2025

Residents were evacuated from a blaze and fluid leak into Guanabara Bay at the Moove lubricant factory near Rio.

Fuchs Inks Peru Joint Venture

Fuchs Inks Peru Joint Venture

January 29, 2025

Fuchs Group’s unabated business growth continued with a new joint venture in Peru. The German independent lubricant co ...

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2024: Bumper Year for Brazil Base Oils

January 29, 2025

Brazil’s output of virgin mineral base oils jumped 24% in December, compared to the same month of 2023, rounding out t ...

Vibra Expands Rio Plant

Vibra Expands Rio Plant

December 4, 2024

Brazilian lube company Vibra completed expansion works of its Lubrax lubricant plant in Duque de Caxias to the tune of $ ...