South America

Base oil production in Brazil was down again in December, closing out a year in which output dropped 11% compared to 2022. The country’s three base ...

Brazil imported 26% more base oil and exported 8% less base oil in November than in the same month last year, according to data released Dec. 29 by a ...

Brazil refineries produced just 29,000 metric tons of base oil in November, 37% less than the same month of 2022 and the third consecutive month that ...

Brazil is expected to show sustained demand for API Group II and Group III base oils in the coming years, an industry executive said Dec. 1 during a p ...

Lubricating oil producers in Chile will need to organize programs to collect and recycle waste oil under a decree approved last month by the country ...

Lwart Environmental Solutions said recently that it will expand its used lubricant rerefinery in Lençóis, Brazil, by 50%, making it one of the large ...

Terpel Reports Higher Profits

December 13, 2023

Colombian oil and gas company Terpel reported increases in gross profit for its lubricants segment in Colombia and Peru – its two primary geographic ...

Brazil’s base oil production tumbled down by 56% to its lowest point this year, while its lubricants import volume was up 18% in October, reaching i ...

Brazil’s state-owned Petrobras announced Monday that it had terminated the sale of the Lubnor refinery to Grepar Participacoes, claiming that govern ...

Brazil’s base oil production plummeted 51%, and the country’s base oil imports volume fell 23% in September, according to government agency data r ...

North America’s finished lubricant demand is projected to grow at a compound annual rate of 0.8% out to 2032, held back by shrinking consumer demand ...

Brazil’s base oil production plummeted 29%, while its base oil import volumes surged 55% in July, the National Agency of Petroleum, Natural Gas and ...

Chevron and Ipiranga recently agreed that their Brazil joint venture, Iconic, will distribute Chevron base oils in addition to the finished lubricants ...

Saudi Aramco is entering the South American lubricants market after fully acquiring Chilean blender, distributor and retailer Esmax Distribusción SpA ...

Independent lubricant manufacturer Fuchs Petrolub bought out its partner in a joint venture distributorship in Chile, the company announced this week. ...

Brazil’s base oil production jumped 22%, and its base oil imports rose 14% in July, compared to volumes in the same month last year, a government ag ...

To help reduce potential for environmental contamination, an Argentinian waste management company launched a used lubricant collection and treatment p ...

Colombian oil and gas company Terpel reported hefty increases in gross profit for its lubricants segment in Colombia and Peru, its two major geographi ...

Rerefiner Heritage-Crystal Clean reported a steep fall in second quarter revenues for its oil business segment – which includes oil rerefining, wast ...

Brazil imported 17% less base oil, and the South American country's base oil exports declined 14% in June, compared to the volumes in the same month l ...