Brazil

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Brazil Base Oils Cooled in January

March 7, 2025

Brazil’s base oil market is off to a slower start in 2025 as domestic production and imports both declined significant ...

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State Investigates Moove Fire

February 19, 2025

Prosecutors in the Brazilian state of Rio de Janeiro opened an investigation into a large Feb. 8 fire at a Moove finishe ...

Crews Battle Blaze at Moove’s Rio Site

Crews Battle Blaze at Moove’s Rio Site

February 12, 2025

Residents were evacuated from a blaze and fluid leak into Guanabara Bay at the Moove lubricant factory near Rio.

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2024: Bumper Year for Brazil Base Oils

January 29, 2025

Brazil’s output of virgin mineral base oils jumped 24% in December, compared to the same month of 2023, rounding out t ...

Vibra Expands Rio Plant

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 $ ...

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 ...

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 ...

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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Petrobras Wants Refineries Back

September 11, 2024

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

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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 ...

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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 ...

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Brazil Base Oil Output Edges Higher

May 29, 2024

Base oil production in Brazil increased by 9% in April, according to data released by the National Agency of Petroleum, ...

Moove Profits Rebound in First Quarter

Moove Profits Rebound in First Quarter

May 29, 2024

Cosan’s Moove rebounded with a net profit in the first quarter – after a net loss in the same period last year – o ...

Brazil Base Oil Imports Up Again

Brazil Base Oil Imports Up Again

May 1, 2024

Brazil imported 62% more base oil in March, compared to the same month last year, according to data released Tuesday by ...

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Brazil Base Oil Output Surges

April 24, 2024

Brazil’s base oil production jumped by 66% in March, according to data released this week by a government agency.