Volume 7 Issue 4

Brazil Base Oil Output Fell in 2023

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 oil plants made 461,331 metric tons of the material for all of 2023, 23% less than the previous year.

Kano Acquires Food Grade Lubes Firm

Kano Laboratories, which manufactures penetrating oils, announced on Monday the acquisition of Synco Chemical Corp. and its line of synthetic food greases and lubricants for industrial applications. Terms were not disclosed.

Brazilian Auto Sales Rise

New automobile registrations in Brazil jumped 11% last year, with increases for both imports and domestically produced vehicles. The total for both vehicles increased from 1.6 million units in 2022 to 1.7 million units last year.

From Other Editions of Lube Report

Russia Sanctions Ramp-up Includes Turbine Oils

Solvay Spins Off Specialty Chemicals Unit

Sinopec Lubricants Progresses on Tianjin Facility

Briefly Noted

Biosynthetic Technologies appointed Matthew Kriech CEO. He previously served as the company’s chief operating officer, before being named president last year. Kriech played roles in commercialization of Biosynthetic’s Estolides technology, the development of its supply chain and the 2021 acquisition of Innoleo, which became Biosynthetic’s commodity oleochemical arm.