South America

Domestic Base Oils Rebound in Brazil

Domestic Base Oils Rebound in Brazil

Lube Report Americas - April 7, 2021

Brazil’s base oil production in February matched output from the same month of 2020 after lagging behind for most of t ...

Additive

Cosan Considers IPO for Moove

Lube Report Americas - March 17, 2021

Following a restructuring of its business holdings, Brazilian conglomerate Cosan is reportedly considering an initial pu ...

Brazil Base Oil Output Still Down

Brazil Base Oil Output Still Down

Lube Report Americas - March 10, 2021

Brazil’s base oil production declined almost 20% in January, while its base oil import volumes surged to more than 130 ...

Is Latin America Down for the Count?

Is Latin America Down for the Count?

Lubes'n'Greases - March 4, 2021

Last year, governments around the globe scrambled to dodge the economic effects of stay-at-home orders, increased unemp ...

Cosan’s Lubes Finish 2020 Strong

Cosan’s Lubes Finish 2020 Strong

Lube Report Americas - February 17, 2021

Cosan’s Moove lubricants arm reported higher profits, revenue and sales volumes for the fourth quarter and full year, ...

Petrobras Agrees on Refinery Sale

Petrobras Agrees on Refinery Sale

Lube Report Americas - February 10, 2021

Petrobras announced on Feb. 8 that has agreed to sell its Landulpho Alves Refinery in Mataripe, Brazil, to Mubadala Inve ...

Brazil Base Oils Buffeted in 2020

Brazil Base Oils Buffeted in 2020

Lube Report Americas - February 3, 2021

Base oil production in Brazil fell by nearly a fifth in 2020, and output was still off by about that much during the fou ...

Pandemic Dominated 2020

Pandemic Dominated 2020

Lube Report Americas - December 30, 2020

The coronavirus pandemic upended lubricant markets in the Americas in 2020, as it did for industries everywhere, but the ...

More Imports Forecast for Brazil

More Imports Forecast for Brazil

Lube Report Americas - December 23, 2020

Brazil has its own cadre of base oil refineries, but the country is still highly dependent on imports, especially of hig ...

Additive

Petrobras Proceeds with Sales, Group II Project

Lube Report Americas - December 2, 2020

After delays caused by the coronavirus pandemic, Petrobras is moving forward again with plans to divest several oil refi ...

Additive

Brazil Base Oil Output Recovering

Lube Report Americas - November 25, 2020

The COVID-19 pandemic has battered domestic base oil production in Brazil, but the large amount base oils that the count ...

Cosan’s Lube Profits, Revenue Up

Cosan’s Lube Profits, Revenue Up

Lube Report Americas - November 18, 2020

Cosan’s Moove finished lubricants production and distribution segment reported higher income and revenue for the quart ...

Thirst Increases for Motorcycle Oils

Thirst Increases for Motorcycle Oils

Lube Report Americas - October 14, 2020

The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four year ...

Additive

Brazil Court Orders Halt to Refineries Sale

Lube Report Americas - September 23, 2020

Brazil’s top court ordered a temporary halt this week to efforts to divest eight refineries owned by national oil comp ...

Decarbonization Could Boost EV Sales

Decarbonization Could Boost EV Sales

Lube Report Americas - September 16, 2020

Electric vehicles could make up 90% of the United States’ passenger vehicle fleet by 2050 if the government and consum ...

Additive

Sale of Petrobras’ Lubnor Delayed

Lube Report Americas - August 19, 2020

Petrobras said recently that the COVID-19 pandemic has delayed its efforts to sell a naphthenic base oil plant in the Br ...

Profits Up for Calumet, Down for Quaker

Profits Up for Calumet, Down for Quaker

Lube Report Americas - August 12, 2020

For the quarter ending June 30, Calumet Specialty Products Partners LP reported a net profit, while Quaker Chemical, Hol ...