South America

Vibra Expands Rio Plant
Sergio V S Rangel / Shutterstock

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 $ ...

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Chile Mandates Lubricant Recycling

November 20, 2024

Chile recently adopted an extended responsibility law that will require lubricant suppliers to ensure that their product ...

Brazil Base Oil Output, Imports Up

Brazil Base Oil Output, Imports Up

November 13, 2024

Brazilian refiners continued making base oil at a steady pace in September, churning out 49,000 kiloliters, according to ...

Moove Acquires Grupo Pax

Moove Acquires Grupo Pax

November 6, 2024

Brazilian lubricant maker and distributor Moove acquired Grupo Pax and its three lubricant companies. The Brazilian Anti ...

Moove Suspends IPO

Moove Suspends IPO

October 16, 2024

Lubricant maker Moove postponed its initial public offering on the New York Stock Exchange a few hours before it was due ...

Court Battle for Citgo Goes On

Court Battle for Citgo Goes On

October 9, 2024

Amber Energy Inc. made the successful bid for Citgo, the formerly Venezuelan refiner.

Oleon Acquires Brazilian Company

Oleon Acquires Brazilian Company

October 2, 2024

Belgian oleo-chemicals company Oleon acquired a majority stake in A.Azevedo Óleos, a Brazilian oleo-chemical company ba ...

The Evolving Role of the Lubricant in the Americas

The Evolving Role of the Lubricant in the Americas

September 27, 2024

Lubrizol’s Keith Corkwell explains how forging meaningful partnerships across the value chain and leveraging new techn ...

Petromaca Builds Rerefinery in Venezuela

Petromaca Builds Rerefinery in Venezuela

September 18, 2024

Venezuelan petrochemical and environmental management company Petromaca’s rerefinery is the latest used lubricant recy ...

Moove IPO Confirmed

Moove IPO Confirmed

September 18, 2024

Brazilian lube company Moove has registered for a initial public offering on the New York Stock Exchange, confirming rep ...

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YPF Backs Down on Bolivia Price Hike

September 11, 2024

YPF u-turned last week on a lubricant price hike in Bolivia under pressure from a number of local transport associations ...

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Petrobras Wants Refineries Back

September 11, 2024

Petrobras is negotiating to regain ownership of the Landulpho Alves refinery and reverse the previous administration’s ...

Castrol Mulls Production Facility in Peru

Castrol Mulls Production Facility in Peru

September 11, 2024

Castrol is aiming for double-digit growth by the end of the year in Peru’s commercial and industrial lubricant market, ...

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Brazil Base Oil Output, Imports Rise

September 4, 2024

Base oil production in Brazil rose 8% in July, compared to the same month last year, according to the latest data from a ...

YPF Divesting Downstream Assets

YPF Divesting Downstream Assets

August 20, 2024

Argentinian energy company YPF is divesting from its lubricants business, as well as offering a stake in one of its refi ...

Terpel Posts Higher Earnings

Terpel Posts Higher Earnings

June 5, 2024

Colombian oil and gas company Terpel reported that its lubricant segment posted increases in gross profit for the first ...

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YPF to Sell Lubes Units in Brazil, Chile

May 29, 2024

The head of Argentinian oil major YPF said recently that the company will sell its businesses in Brazil and Chile, both ...