Brazil

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Lubnor Sale Sent Back for Review

January 11, 2023

Last year’s purchase of the Lubnor refinery by Grepar Participacoes will be reviewed by a Brazilian court after a judi ...

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Brazil Auto Sales Flat in 2022

January 11, 2023

Passenger car registrations in Brazil rose 5% in December and were flat for 2022, gradually recovering in number after a ...

Brazil Base Oils Flat in November

Brazil Base Oils Flat in November

January 4, 2023

Brazil produced 46,000 metric tons of base oil in November, close to flat compared to the same month of 2021. Meanwhile ...

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Petrobras Group II Plant Plans Progress

December 28, 2022

Petrobras chose a concept on Dec. 22 for the base oil and fuel production units of its GasLub hub in Itaborai, Brazil, a ...

Brazil’s Base Oil Production Drops

Brazil’s Base Oil Production Drops

December 14, 2022

Brazil's base oil production in October declined by 18%, while base oil imports rose 8%, according to data released by a ...

Grepar Bullish on Brazil Base Oils

Grepar Bullish on Brazil Base Oils

November 9, 2022

Aimed at being the leading producer of industrial naphthenic lubricants and petroleum asphalt cement in Brazil, Grepar P ...

Brazil Base Oil Imports Drop in September

Brazil Base Oil Imports Drop in September

November 2, 2022

Brazil's base oil imports declined 32% in September, compared to the same month last year, according to data released ye ...

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 ...

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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% ...

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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%, ...

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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 ...

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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 ...