Brazil

Privatization of Base Oils in Brazil

Privatization of Base Oils in Brazil

October 31, 2022

Brazil has sold off two of its three major base oil plants. What might this mean for base oil production and overall mar ...

Brazil Group Offers Engine Oil Training

Brazil Group Offers Engine Oil Training

October 26, 2022

Brazil’s Institute of Automotive Quality launched a technicians training program about automotive lubricants quality, ...

Kline: Latin America Demand on Upswing

Kline: Latin America Demand on Upswing

October 5, 2022

Finished lubricant demand in Latin America and the Caribbean rebounded in 2021 to pre-pandemic levels – reaching 3.9 m ...

Moove Profits Jumped in Second Quarter

Moove Profits Jumped in Second Quarter

August 17, 2022

Moove, the lubricants arm of Brazil-based Cosan, posted higher profits, revenue and sales volume for the three months en ...

Additive

Cepsa Ups Stake in Brazil’s Deten

July 13, 2022

Cepsa Quimica closed on its acquisition of 27.88% of Deten Quimica from Brazil’s Petrobras, after obtaining authorizat ...

Brazil Base Oil Output Jumped in May

Brazil Base Oil Output Jumped in May

July 6, 2022

Brazil’s base oil production, which is mainly API Group I, increased by nearly 20% in May, while imports slipped by 6% ...

Additive

Consortium Seeks Isla Refinery Deal

June 22, 2022

Refineria di Kursou, the Curacao government agency that owns the Isla Refinery, entered exclusive negotiations with a he ...

Brazil Base Oil Output Rises

Brazil Base Oil Output Rises

June 8, 2022

Brazil’s base oil production – mainly API Group I – increased by 5% in April, while imports dropped by almost 30%, ...

Additive

Petrobras Agrees to Sell Lubnor Refinery

June 1, 2022

Petrobras announced last week an agreement to sell its Lubnor refinery in Fortaleza, Brazil, to a consortium of companie ...

Additive

Moove to Acquire PetroChoice

May 25, 2022

Cosan’s Moove made a splash this week with an almost half-billion-dollar acquisition for PetroChoice, the largest lubr ...

Moove Posts Higher Profits

Moove Posts Higher Profits

May 18, 2022

Moove, Brazil-based Cosan’s lubricants arm, reported higher profits and revenue despite lower sales volume in the firs ...

Brazil Base Oils Dipped in March

Brazil Base Oils Dipped in March

May 11, 2022

Brazil’s base oil output – mostly API Group I oils – declined 6% to 44,000 metric tons in March, while base oil im ...

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Raizen Closes on Shell Brazil Purchase

May 4, 2022

Brazilian energy company Raizen said last week that it completed its acquisition of Shell’s lubricant business in Braz ...

Brazil Base Oil Output Fell in February

Brazil Base Oil Output Fell in February

April 13, 2022

Brazil’s production of base oil – mostly API Group I – dropped 15% in February, and imports were down by more than ...

Brazil Base Oils Declined in January

Brazil Base Oils Declined in January

March 9, 2022

The South American country’s output of base oil – primarily consisting of API Group I oils – declined to 44,000 me ...

Moove Posts Decline for Fourth Quarter

Moove Posts Decline for Fourth Quarter

February 23, 2022

Cosan’s Moove posted lower net income and sales volume amid an increase in revenue for the quarter ended Dec. 31 but r ...

Additive

Brazil Auto Sales Recovering Slowly

February 9, 2022

Passenger car registrations in Brazil declined in December but were higher for full year 2021, showing a slight recovery ...

Brazil Base Oils Hit a Bump

Brazil Base Oils Hit a Bump

January 5, 2022

Base oil production in Brazil in November was slightly lower than in the same month last year, ending a streak of three ...