Brazil

Brazil Base Oil Production Dropped in July

Brazil Base Oil Production Dropped in July

October 4, 2023

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

Additive

Iconic Will Also Distribute Chevron Base Oils

September 27, 2023

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

Brazil Base Oil Production, Imports Up in July

Brazil Base Oil Production, Imports Up in July

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 ...

Financials Fall for Heritage-Crystal Clean, Moove

Financials Fall for Heritage-Crystal Clean, Moove

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

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

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% ...

Additive

Court Approves Sale of Lubnor Refinery

June 21, 2023

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

Brazil Base Oil Output, Imports Increase

Brazil Base Oil Output, Imports Increase

May 31, 2023

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

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Police in Brazilian State Seize Engine Oil

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

May 17, 2023

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

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Brazil Base Oil Output, Imports Dropped in March

May 3, 2023

Brazil’s base oil production fell 35% in March and was down 7% in the first quarter, compared to the same periods last ...

Brazil Base Oil Production, Imports Rise

Brazil Base Oil Production, Imports Rise

April 5, 2023

Base oil production and base oil imports volumes in Brazil were again higher in February compared to totals in the same ...

Additive

Chevron Lummus Gets Contracts for Gaslub

April 5, 2023

Petrobras has licensed technologies from Chevron Lummus Global for an API Group II base oil plant being built as part of ...

Vibra Profits Jumped in 2022

Vibra Profits Jumped in 2022

March 29, 2023

Vibra Energia’s lubricants business recorded 30% higher profit for 2022 on a 12% increase in sales revenue, while four ...

Additive

New Suppliers Sent Base Oil to Brazil in 2022

March 22, 2023

API Group I and II base oil availability in South America increased in 2022 due to low prices in Asia-Pacific and the Un ...

Additive

Political Pressure Mounts Against Lubnor Sale

March 22, 2023

While Petrobras and Grepar Participacoes await the conclusion of a second regulator review of Grepar’s bid to buy the ...

Brazil Base Oil Production, Imports Rise

Brazil Base Oil Production, Imports Rise

March 8, 2023

Brazil’s base oil market may have had a down year in 2022, but it’s off to a healthy start in 2023, as domestic prod ...

Earnings Mixed at Moove, Sinclair, down at Quaker

Earnings Mixed at Moove, Sinclair, down at Quaker

March 1, 2023

Cosan’s Moove and HF Sinclair’s lubricants and specialties segment both reported higher profits for 2022 but lower p ...