Brazil

Brazil’s Base Oil Output Rose in April

Brazil’s Base Oil Output Rose in April

Lube Report Americas - June 9, 2021

Brazil’s base oil production in April jumped more than 60% in comparison with the same month in 2020, larger than any ...

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Raizen Buys Shell’s Brazil Business

Lube Report Americas - June 9, 2021

Royal Dutch Shell on Monday agreed to sell its lubricant business in Brazil to Raizen, the energy company joint venture ...

Cosan’s Lube Segment Posts Record Quarter

Cosan’s Lube Segment Posts Record Quarter

Lube Report Americas - May 19, 2021

Moove, Cosan’s lubricants arm, reported increases in profit, revenue and sales volume for the first quarter of 2021, b ...

Petrobras Extends Lubnor Sale Deadline

Petrobras Extends Lubnor Sale Deadline

Lube Report Americas - May 12, 2021

Petrobras on Tuesday extended until the end of July the negotiations completion deadline for the sale of a refinery with ...

Steelmaker Enters Graphene Business

Steelmaker Enters Graphene Business

Lube Report Americas - May 5, 2021

Gerdau, Brazil’s largest steel producer, has launched a new company, Gerdau Graphene, to develop products, including l ...

Pandemic Bit into Brazil’s Auto Sales

Pandemic Bit into Brazil’s Auto Sales

Lube Report Americas - April 21, 2021

Passenger car registrations in Brazil declined in December and for full year 2020 due to impacts from the COVID-19 pande ...

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 ...

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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 ...

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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 ...

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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 ...