South America

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 ...

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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 ...

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Aramco Acquires Chilean Blender, Distributor

September 20, 2023

Saudi Aramco is entering the South American lubricants market after fully acquiring Chilean blender, distributor and ret ...

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Fuchs Buys Partner Share of Chile J.V.

September 6, 2023

Independent lubricant manufacturer Fuchs Petrolub bought out its partner in a joint venture distributorship in Chile, th ...

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 ...

Quimiguay Recycles Waste Oil in Argentina

Quimiguay Recycles Waste Oil in Argentina

August 30, 2023

To help reduce potential for environmental contamination, an Argentinian waste management company launched a used lubric ...

Terpel Posts Jump in Profits

Terpel Posts Jump in Profits

August 30, 2023

Colombian oil and gas company Terpel reported hefty increases in gross profit for its lubricants segment in Colombia and ...

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% ...

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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 ...

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Chile to Nationalize Lithium Industry

June 7, 2023

Chilean President Gabriel Boric Font unveiled a plan recently to nationalize the country’s lithium industry, declaring ...

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 ...

Terpel’s Q1 Profits Grew in Colombia, Peru

Terpel’s Q1 Profits Grew in Colombia, Peru

May 24, 2023

The lubricant segment of Colombian oil and gas company Terpel attained large increases in gross profit in the first quar ...

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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 ...

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Terpel Profits Rose in Colombia, Peru

April 26, 2023

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