South America

Brazil Base Oils Buffeted in 2020

Brazil Base Oils Buffeted in 2020

February 3, 2021

Base oil production in Brazil fell by nearly a fifth in 2020, and output was still off by about that much during the fou ...

Pandemic Dominated 2020

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 ...

More Imports Forecast for Brazil

More Imports Forecast for Brazil

December 23, 2020

Brazil has its own cadre of base oil refineries, but the country is still highly dependent on imports, especially of hig ...

Additive

Petrobras Proceeds with Sales, Group II Project

December 2, 2020

After delays caused by the coronavirus pandemic, Petrobras is moving forward again with plans to divest several oil refi ...

Additive

Brazil Base Oil Output Recovering

November 25, 2020

The COVID-19 pandemic has battered domestic base oil production in Brazil, but the large amount base oils that the count ...

Cosan’s Lube Profits, Revenue Up

Cosan’s Lube Profits, Revenue Up

November 18, 2020

Cosan’s Moove finished lubricants production and distribution segment reported higher income and revenue for the quart ...

Thirst Increases for Motorcycle Oils

Thirst Increases for Motorcycle Oils

October 14, 2020

The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four year ...

Additive

Brazil Court Orders Halt to Refineries Sale

September 23, 2020

Brazil’s top court ordered a temporary halt this week to efforts to divest eight refineries owned by national oil comp ...

Decarbonization Could Boost EV Sales

Decarbonization Could Boost EV Sales

September 16, 2020

Electric vehicles could make up 90% of the United States’ passenger vehicle fleet by 2050 if the government and consum ...

Additive

Sale of Petrobras’ Lubnor Delayed

August 19, 2020

Petrobras said recently that the COVID-19 pandemic has delayed its efforts to sell a naphthenic base oil plant in the Br ...

Profits Up for Calumet, Down for Quaker

Profits Up for Calumet, Down for Quaker

August 12, 2020

For the quarter ending June 30, Calumet Specialty Products Partners LP reported a net profit, while Quaker Chemical, Hol ...

Additive

Base Oil Plant Studied in Brazil

July 15, 2020

Two energy start-up companies – Houston-based Oil Group Investments and Rio de Janeiro’s EnP – have agreed to stud ...

YPF Distributes Chevron Base Oils

YPF Distributes Chevron Base Oils

July 1, 2020

Chevron Products Co. announced a base oil distribution agreement with Argentine energy company YPF S.A., adding its seco ...

North American Grease Production Slips

North American Grease Production Slips

July 1, 2020

North American production of lubricating greases seems to have dipped from 2018 to 2019, according to a survey by the Un ...

Lube Demand Drops in Brazil

Lube Demand Drops in Brazil

June 8, 2020

The Covid-19 pandemic has hammered Brazil’s finished lubricant industry, a consultant said this week, causing a sharp ...

Additive

Isla Talks Stalled by Covid-19

May 22, 2020

The Covid-19 pandemic has delayed negotiations toward a final agreement for the Klesch Group to become operator of Curac ...

Additive

Calumet Returns Payroll Protection Loans

May 15, 2020

Calumet Specialty Products Partners repaid $31.4 million in federal Paycheck Protection Program loans Monday, two weeks ...

Additive

U.S. Lifts Sanctions on Nynas

May 12, 2020

Nynas AB announced Tuesday that Petroleos de Venezuela S.A. sold a 35 percent stake in the company and that the United S ...