South America

BR Distribuidora, the largset lubricants supplier in Brazil, has entered an agreement with RefiPampa to blend Lubrax-branded finished lubes for sale i ...

Petrobras on Tuesday extended until the end of July the negotiations completion deadline for the sale of a refinery with a naphthenic base oil plant i ...

Gerdau, Brazil’s largest steel producer, has launched a new company, Gerdau Graphene, to develop products, including lubricants, based on graphene a ...

Passenger car registrations in Brazil declined in December and for full year 2020 due to impacts from the COVID-19 pandemic, according to data release ...

Brazil’s base oil production in February matched output from the same month of 2020 after lagging behind for most of the past year. Meanwhile the co ...

Following a restructuring of its business holdings, Brazilian conglomerate Cosan is reportedly considering an initial public stock offering for its Mo ...

Brazil’s base oil production declined almost 20% in January, while its base oil import volumes surged to more than 130% higher than in the same mont ...

Last year, governments around the globe scrambled to dodge the economic effects of stay-at-home orders, increased unemployment, widened income gaps an ...

Cosan’s Moove lubricants arm reported higher profits, revenue and sales volumes for the fourth quarter and full year, finishing 2020 strong after a ...

Petrobras announced on Feb. 8 that has agreed to sell its Landulpho Alves Refinery in Mataripe, Brazil, to Mubadala Investment Co. for U.S. $1.7 billi ...

Base oil production in Brazil fell by nearly a fifth in 2020, and output was still off by about that much during the fourth quarter, according to rece ...

Pandemic Dominated 2020

December 30, 2020

The coronavirus pandemic upended lubricant markets in the Americas in 2020, as it did for industries everywhere, but the year also saw plenty of other ...

Brazil has its own cadre of base oil refineries, but the country is still highly dependent on imports, especially of highly refined mineral oils – a ...

After delays caused by the coronavirus pandemic, Petrobras is moving forward again with plans to divest several oil refineries – including one that ...

The COVID-19 pandemic has battered domestic base oil production in Brazil, but the large amount base oils that the country imports appear to have been ...

Cosan’s Moove finished lubricants production and distribution segment reported higher income and revenue for the quarter ending Sept. 30, compared t ...

The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four years, according to a forecast tha ...

Brazil’s top court ordered a temporary halt this week to efforts to divest eight refineries owned by national oil company Petrobras, while it consid ...

Electric vehicles could make up 90% of the United States’ passenger vehicle fleet by 2050 if the government and consumers become more aggressive abo ...

Petrobras said recently that the COVID-19 pandemic has delayed its efforts to sell a naphthenic base oil plant in the Brazilian state of Ceara, but th ...