South America

Brazil Base Oil Output Down Again

Brazil Base Oil Output Down Again

December 27, 2023

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

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Rising Group II, III Demand Forecast for Brazil

December 27, 2023

Brazil is expected to show sustained demand for API Group II and Group III base oils in the coming years, an industry ex ...

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Chile Raises Waste Oil Recycling Targets

December 20, 2023

Lubricating oil producers in Chile will need to organize programs to collect and recycle waste oil under a decree approv ...

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Lwart Will Expand Brazilian Rerefinery

December 20, 2023

Lwart Environmental Solutions said recently that it will expand its used lubricant rerefinery in Lençóis, Brazil, by 5 ...

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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 ...

Brazil Base Oil Output Fell Steeply in October

Brazil Base Oil Output Fell Steeply in October

December 6, 2023

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

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Petrobras Cancels Lubnor Refinery Sale

November 29, 2023

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

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Brazil Base Oil Production, Imports Both Fall

November 1, 2023

Brazil’s base oil production plummeted 51%, and the country’s base oil imports volume fell 23% in September, accordi ...

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South America Demand Forecast to Outpace North

October 11, 2023

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

Brazil Base Oil Production Dropped in July

Brazil Base Oil Production Dropped in July

October 4, 2023

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

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Iconic Will Also Distribute Chevron Base Oils

September 27, 2023

Chevron and Ipiranga recently agreed that their Brazil joint venture, Iconic, will distribute Chevron base oils in addit ...

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Aramco Acquires Chilean Blender, Distributor

September 20, 2023

Saudi Aramco is entering the South American lubricants market after fully acquiring Chilean blender, distributor and ret ...

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Fuchs Buys Partner Share of Chile J.V.

September 6, 2023

Independent lubricant manufacturer Fuchs Petrolub bought out its partner in a joint venture distributorship in Chile, th ...

Brazil Base Oil Production, Imports Up in July

Brazil Base Oil Production, Imports Up in July

September 6, 2023

Brazil’s base oil production jumped 22%, and its base oil imports rose 14% in July, compared to volumes in the same mo ...

Quimiguay Recycles Waste Oil in Argentina

Quimiguay Recycles Waste Oil in Argentina

August 30, 2023

To help reduce potential for environmental contamination, an Argentinian waste management company launched a used lubric ...

Terpel Posts Jump in Profits

Terpel Posts Jump in Profits

August 30, 2023

Colombian oil and gas company Terpel reported hefty increases in gross profit for its lubricants segment in Colombia and ...

Financials Fall for Heritage-Crystal Clean, Moove

Financials Fall for Heritage-Crystal Clean, Moove

August 16, 2023

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

Brazil Imports Less Base Oil in June

Brazil Imports Less Base Oil in June

August 9, 2023

Brazil imported 17% less base oil, and the South American country's base oil exports declined 14% in June, compared to t ...