South America

Brazil Base Oil Output, Imports Dropped in March

Brazil Base Oil Output, Imports Dropped in March

Lube Report Americas - 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 ...

Additive

Terpel Profits Rose in Colombia, Peru

Lube Report Americas - April 26, 2023

The lubricant segment of Colombian oil and gas company Terpel achieved increases in sales volumes and gross profit in 20 ...

Terpel Invests in Peru Blending Plant

Terpel Invests in Peru Blending Plant

Lube Report Americas - April 19, 2023

Colombian oil and gas company Terpel is making investments to expand production capacity at its blending plant in Peru, ...

Brazil Base Oil Production, Imports Rise

Brazil Base Oil Production, Imports Rise

Lube Report Americas - April 5, 2023

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

Chevron Lummus Gets Contracts for Gaslub

Chevron Lummus Gets Contracts for Gaslub

Lube Report Americas - April 5, 2023

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

Latin American Automotive Market Needs an Oil Upgrade

Latin American Automotive Market Needs an Oil Upgrade

Lubes'n'Greases - April 3, 2023

As the vehicle parc modernizes in Latin America, there is a widening gap between engine oils that new vehicles require a ...

Vibra Profits Jumped in 2022

Vibra Profits Jumped in 2022

Lube Report Americas - March 29, 2023

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

New Suppliers Sent Base Oil to Brazil in 2022

New Suppliers Sent Base Oil to Brazil in 2022

Lube Report Americas - 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 ...

Political Pressure Mounts Against Lubnor Sale

Political Pressure Mounts Against Lubnor Sale

Lube Report Americas - 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

Lube Report Americas - 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

Lube Report Americas - March 1, 2023

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

Latin America Base Oil Market Still Lagging

Latin America Base Oil Market Still Lagging

Lube Report Americas - March 1, 2023

The Latin American base oil market is going through a challenging time as its top economies – Brazil and Mexico – un ...

Two-wheeler Sales Jump in Brazil

Two-wheeler Sales Jump in Brazil

Lube Report Americas - February 22, 2023

Retail sales and production of motorcycles in Brazil both increased by 18% in 2022, according to survey results released ...

Making Bio-lubes from Cashew Shells

Making Bio-lubes from Cashew Shells

Lube Report Americas - February 15, 2023

Creating bio-lubricants using the liquid by-product extracted during processing of cashew nuts is the subject of a new p ...

Brazil Base Oils End Year on High Note

Brazil Base Oils End Year on High Note

Lube Report Americas - February 8, 2023

Brazil’s base oil production increased 16% in December 2022 but was down 7% for the full year, while base oil import v ...

Base Stock Production in Latin America

Base Stock Production in Latin America

Lubes'n'Greases - February 1, 2023

Might Latin America be on the cusp of increased base oil production capacity, or will its output dwindle in the coming y ...

Curacao Talks Proceed Despite Forged Docs

Curacao Talks Proceed Despite Forged Docs

Lube Report Americas - January 18, 2023

In another twist of the Isla Refinery saga, Curacao government officials confirmed the preferred bidder seeking to opera ...

Additive

Lubnor Sale Sent Back for Review

Lube Report Americas - January 11, 2023

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