Brazil

Brazil Base Oil Production Up, Imports Down

Brazil Base Oil Production Up, Imports Down

July 5, 2023

Brazil’s base oil production rose 7%, while its base oil import volume fell 24% and its base oil exports plummeted 38% ...

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Court Approves Sale of Lubnor Refinery

June 21, 2023

A competition court in Brazil today approved Grepar Participacoes’ acquisition of the Lubnor refinery from Petrobras ...

Brazil Base Oil Output, Imports Increase

Brazil Base Oil Output, Imports Increase

May 31, 2023

Brazil’s base oil production rose 9% in April, while base oil imports jumped 14%, according to government data release ...

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Police in Brazilian State Seize Engine Oil

May 24, 2023

Police in the Brazilian state of Goias, in a joint operation with government agencies, on May 22 seized more than 4,000 ...

Valvoline Earnings Jump; Moove Suffers Loss

Valvoline Earnings Jump; Moove Suffers Loss

May 17, 2023

Valvoline reported double-digit gains in operating income and sales revenue for the quarter ended March 31, while Moove ...

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Brazil Base Oil Output, Imports Dropped in March

May 3, 2023

Brazil’s base oil production fell 35% in March and was down 7% in the first quarter, compared to the same periods last ...

Brazil Base Oil Production, Imports Rise

Brazil Base Oil Production, Imports Rise

April 5, 2023

Base oil production and base oil imports volumes in Brazil were again higher in February compared to totals in the same ...

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Chevron Lummus Gets Contracts for Gaslub

April 5, 2023

Petrobras has licensed technologies from Chevron Lummus Global for an API Group II base oil plant being built as part of ...

Vibra Profits Jumped in 2022

Vibra Profits Jumped in 2022

March 29, 2023

Vibra Energia’s lubricants business recorded 30% higher profit for 2022 on a 12% increase in sales revenue, while four ...

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New Suppliers Sent Base Oil to Brazil in 2022

March 22, 2023

API Group I and II base oil availability in South America increased in 2022 due to low prices in Asia-Pacific and the Un ...

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Political Pressure Mounts Against Lubnor Sale

March 22, 2023

While Petrobras and Grepar Participacoes await the conclusion of a second regulator review of Grepar’s bid to buy the ...

Brazil Base Oil Production, Imports Rise

Brazil Base Oil Production, Imports Rise

March 8, 2023

Brazil’s base oil market may have had a down year in 2022, but it’s off to a healthy start in 2023, as domestic prod ...

Earnings Mixed at Moove, Sinclair, down at Quaker

Earnings Mixed at Moove, Sinclair, down at Quaker

March 1, 2023

Cosan’s Moove and HF Sinclair’s lubricants and specialties segment both reported higher profits for 2022 but lower p ...

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Latin America Base Oil Market Still Lagging

March 1, 2023

The Latin American base oil market is going through a challenging time as its top economies – Brazil and Mexico – un ...

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Two-wheeler Sales Jump in Brazil

February 22, 2023

Retail sales and production of motorcycles in Brazil both increased by 18% in 2022, according to survey results released ...

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Making Bio-lubes from Cashew Shells

February 15, 2023

Creating bio-lubricants using the liquid by-product extracted during processing of cashew nuts is the subject of a new p ...

Brazil Base Oils End Year on High Note

Brazil Base Oils End Year on High Note

February 8, 2023

Brazil’s base oil production increased 16% in December 2022 but was down 7% for the full year, while base oil import v ...

Base Stock Production in Latin America

Base Stock Production in Latin America

February 1, 2023

Might Latin America be on the cusp of increased base oil production capacity, or will its output dwindle in the coming y ...