South America

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Petrobras Updates on Lubnor, GasLub

December 1, 2021

Petrobras said last week that it still intends to move forward with two initiatives that would alter the country’s bas ...

Moove Posts Higher Profits

Moove Posts Higher Profits

November 17, 2021

Cosan’s Moove reported increases in profit and revenue and a decrease in sales volume for the quarter ending Sept. 30, ...

Brazil Auto Sales, Production Drop in October

Brazil Auto Sales, Production Drop in October

November 10, 2021

Passenger car registrations and automotive production in Brazil both dropped in October to the lowest levels for the mon ...

Brazil Base Oils Keep Rebounding

Brazil Base Oils Keep Rebounding

November 3, 2021

September base oil production in Brazil was 22% higher than the same month of last year and was up even more from pre-CO ...

Brazil Base Oils Still Strong

Brazil Base Oils Still Strong

October 20, 2021

Brazil’s base oil production jumped 48% in August, compared to the same period last year, and was up by 18% from Augus ...

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ExxonMobil to Raise High-vis PAO Capacity

October 13, 2021

ExxonMobil Synthetics today announced plans to expand the production capacity of its metallocene high viscosity polyalph ...

Brazil Plant Sputters in Midst of Sale

Brazil Plant Sputters in Midst of Sale

September 29, 2021

Dwindling base oil production from Brazil’s Landulpho Alves refinery over the last several years suggest its base oil ...

Brazil Base Oil Imports Jumped in July

Brazil Base Oil Imports Jumped in July

September 8, 2021

Brazil’s base oil production was up 13% and its base oil import volumes were up by more than 150% in July, compared to ...

Indorama Acquires Brazil’s Oxitena

Indorama Acquires Brazil’s Oxitena

August 25, 2021

Indorama Ventures Public Co., a global chemicals producer based in Thailand, agreed to acquire Brazil-based Oxiteno S.A. ...

BR Distribuidora Changes Name

BR Distribuidora Changes Name

August 25, 2021

BR Distribuidora S.A., the largest lubricants distributor in Brazil, is rebranding to become Vibra Energia, the company ...

Brazil’s Base Oil Production Remains Strong

Brazil’s Base Oil Production Remains Strong

August 11, 2021

Brazil’s base oil production grew 68% in June and 26% in the first half of this year, compared to the same periods in ...

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Raizen Buys Shell’s Brazil Business

June 9, 2021

Royal Dutch Shell on Monday agreed to sell its lubricant business in Brazil to Raizen, the energy company joint venture ...

Brazil’s Base Oil Output Rose in April

Brazil’s Base Oil Output Rose in April

June 9, 2021

Brazil’s base oil production in April jumped more than 60% in comparison with the same month in 2020, larger than any ...

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Locals Reach Deal for Curacao Refinery

May 26, 2021

Curacao’s Refineria di Korsou reached an agreement intended to lead to a consortium of local organizations taking over ...

Cosan’s Lube Segment Posts Record Quarter

Cosan’s Lube Segment Posts Record Quarter

May 19, 2021

Moove, Cosan’s lubricants arm, reported increases in profit, revenue and sales volume for the first quarter of 2021, b ...

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BR Starts Production in Argentina

May 19, 2021

BR Distribuidora, the largset lubricants supplier in Brazil, has entered an agreement with RefiPampa to blend Lubrax-bra ...

Petrobras Extends Lubnor Sale Deadline

Petrobras Extends Lubnor Sale Deadline

May 12, 2021

Petrobras on Tuesday extended until the end of July the negotiations completion deadline for the sale of a refinery with ...

Steelmaker Enters Graphene Business

Steelmaker Enters Graphene Business

May 5, 2021

Gerdau, Brazil’s largest steel producer, has launched a new company, Gerdau Graphene, to develop products, including l ...