Arguing that privatization will lead to cheaper energy products, the administration of Brazilian President Jair Bolsonaro has announced plans to sell 60 percent of the governments stakes in eight refineries operated by state-run oil company Petrobras. Two of those facilities include base oil plants.
Landulpho Alves refinery in Mataripe in the northeastern state of Bahia has 1,750 barrels per day of API Group I base oil production capacity, according to the Lubesn’n’Greases 2019 Guide to Global Base Oil Refining. Lubrificantes e Derivados de Petroleo do Nordeste – known as Lubnor – in Fortaleza in the northeastern state of Ceara has a 1,290 b/d naphthenic base oil plant.
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