South America

Additive

Chile Rerefinery Gains Approval

Lube Report Americas - April 17, 2024

A subsidiary of Chilean energy and forestry company Copec received approval from a local environmental authority to deve ...

Additive

Brazil Base Oil Imports Up in February

Lube Report Americas - April 3, 2024

Brazil’s base oil imports and exports both rose by double-digit percentages in February, according to data released la ...

Higher Sales Power Moove Earnings

Higher Sales Power Moove Earnings

Lube Report Americas - April 3, 2024

Moove achieved large increases in profits and combined lubricants and base oil sales volume for both full year 2023 and ...

Profits Soar for Terpel

Profits Soar for Terpel

Lube Report Americas - March 27, 2024

Colombian oil and gas company Terpel reported large increases in gross profit for its lubricants segment both for 2023 a ...

Brazil Base Oil Output Up in January

Brazil Base Oil Output Up in January

Lube Report Americas - March 13, 2024

Base oil production in Brazil rose 16%, and base oil imports volume ballooned by 47% in January, according to data relea ...

U.S. Base Oils Dominate Latin America

U.S. Base Oils Dominate Latin America

Lube Report Americas - February 28, 2024

Structural shortages of base oil production in Latin America are attracting imports from other regions, and the market i ...

Will Nixing of Lubnor Sale Hurt Industry?

Will Nixing of Lubnor Sale Hurt Industry?

Lube Report Americas - February 28, 2024

When Petrobras nixed the sale of its Lubnor refinery last year, it seemingly reduced the likelihood of near-term upgrade ...

Venezuelan Rebound Draws Interest

Venezuelan Rebound Draws Interest

Lube Report Americas - February 21, 2024

Amid early signs of a thaw in international relations, Venezuela’s economy and lubricant market have begun to rebound, ...

Special Report: Base Stocks

Special Report: Base Stocks

Lube Report Asia - February 16, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Special Report: Base Stocks

Special Report: Base Stocks

Lube Report EMEA - February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Brazil Base Oil Imports Jump in December

Brazil Base Oil Imports Jump in December

Lube Report Americas - February 7, 2024

Brazil’s base oil imports volume surged 48% in December, compared to the same month last year, while the full-year 202 ...

Brazilian Auto Sales Rise

Brazilian Auto Sales Rise

Lube Report Americas - January 24, 2024

New automobile registrations in Brazil jumped 11% last year, with increases for both imports and domestically produced v ...

Brazil Base Oil Output Fell in 2023

Brazil Base Oil Output Fell in 2023

Lube Report Americas - January 24, 2024

Base oil production in Brazil was down again in December, closing out a year in which output dropped 11% compared to 202 ...

Brazil Base Oil Imports Jump

Brazil Base Oil Imports Jump

Lube Report Americas - January 3, 2024

Brazil imported 26% more base oil and exported 8% less base oil in November than in the same month last year, according ...

Brazil Base Oil Output Down Again

Brazil Base Oil Output Down Again

Lube Report Americas - December 27, 2023

Brazil refineries produced just 29,000 metric tons of base oil in November, 37% less than the same month of 2022 and the ...

Rising Group II, III Demand Forecast for Brazil

Rising Group II, III Demand Forecast for Brazil

Lube Report Americas - December 27, 2023

Brazil is expected to show sustained demand for API Group II and Group III base oils in the coming years, an industry ex ...

Chile Raises Waste Oil Recycling Targets

Chile Raises Waste Oil Recycling Targets

Lube Report Americas - December 20, 2023

Lubricating oil producers in Chile will need to organize programs to collect and recycle waste oil under a decree approv ...