South America

Additive

Brazil Base Oil Production, Imports Both Fall

Lube Report Americas - November 1, 2023

Brazil’s base oil production plummeted 51%, and the country’s base oil imports volume fell 23% in September, accordi ...

South America Demand Forecast to Outpace North

South America Demand Forecast to Outpace North

Lube Report Americas - October 11, 2023

North America’s finished lubricant demand is projected to grow at a compound annual rate of 0.8% out to 2032, held bac ...

Brazil Base Oil Production Dropped in July

Brazil Base Oil Production Dropped in July

Lube Report Americas - October 4, 2023

Brazil’s base oil production plummeted 29%, while its base oil import volumes surged 55% in July, the National Agency ...

Iconic Will Also Distribute Chevron Base Oils

Iconic Will Also Distribute Chevron Base Oils

Lube Report Americas - September 27, 2023

Chevron and Ipiranga recently agreed that their Brazil joint venture, Iconic, will distribute Chevron base oils in addit ...

Aramco Acquires Chilean Blender, Distributor

Aramco Acquires Chilean Blender, Distributor

Lube Report Americas - September 20, 2023

Saudi Aramco is entering the South American lubricants market after fully acquiring Chilean blender, distributor and ret ...

Fuchs Buys Partner Share of Chile J.V.

Fuchs Buys Partner Share of Chile J.V.

Lube Report Americas - September 6, 2023

Independent lubricant manufacturer Fuchs Petrolub bought out its partner in a joint venture distributorship in Chile, th ...

Brazil Base Oil Production, Imports Up in July

Brazil Base Oil Production, Imports Up in July

Lube Report Americas - September 6, 2023

Brazil’s base oil production jumped 22%, and its base oil imports rose 14% in July, compared to volumes in the same mo ...

Quimiguay Recycles Waste Oil in Argentina

Quimiguay Recycles Waste Oil in Argentina

Lube Report Americas - August 30, 2023

To help reduce potential for environmental contamination, an Argentinian waste management company launched a used lubric ...

Terpel Posts Jump in Profits

Terpel Posts Jump in Profits

Lube Report Americas - August 30, 2023

Colombian oil and gas company Terpel reported hefty increases in gross profit for its lubricants segment in Colombia and ...

Financials Fall for Heritage-Crystal Clean, Moove

Financials Fall for Heritage-Crystal Clean, Moove

Lube Report Americas - August 16, 2023

Rerefiner Heritage-Crystal Clean reported a steep fall in second quarter revenues for its oil business segment – which ...

Brazil Imports Less Base Oil in June

Brazil Imports Less Base Oil in June

Lube Report Americas - August 9, 2023

Brazil imported 17% less base oil, and the South American country's base oil exports declined 14% in June, compared to t ...

Brazil Base Oil Production Up, Imports Down

Brazil Base Oil Production Up, Imports Down

Lube Report Americas - July 5, 2023

Brazil’s base oil production rose 7%, while its base oil import volume fell 24% and its base oil exports plummeted 38% ...

Court Approves Sale of Lubnor Refinery

Court Approves Sale of Lubnor Refinery

Lube Report Americas - June 21, 2023

A competition court in Brazil today approved Grepar Participacoes’ acquisition of the Lubnor refinery from Petrobras ...

Chile to Nationalize Lithium Industry

Chile to Nationalize Lithium Industry

Lube Report Americas - June 7, 2023

Chilean President Gabriel Boric Font unveiled a plan recently to nationalize the country’s lithium industry, declaring ...

Brazil Base Oil Output, Imports Increase

Brazil Base Oil Output, Imports Increase

Lube Report Americas - May 31, 2023

Brazil’s base oil production rose 9% in April, while base oil imports jumped 14%, according to government data release ...

Terpel’s Q1 Profits Grew in Colombia, Peru

Terpel’s Q1 Profits Grew in Colombia, Peru

Lube Report Americas - May 24, 2023

The lubricant segment of Colombian oil and gas company Terpel attained large increases in gross profit in the first quar ...

Police in Brazilian State Seize Engine Oil

Police in Brazilian State Seize Engine Oil

Lube Report Americas - May 24, 2023

Police in the Brazilian state of Goias, in a joint operation with government agencies, on May 22 seized more than 4,000 ...

Valvoline Earnings Jump; Moove Suffers Loss

Valvoline Earnings Jump; Moove Suffers Loss

Lube Report Americas - May 17, 2023

Valvoline reported double-digit gains in operating income and sales revenue for the quarter ended March 31, while Moove ...