IBOV 186,316.10 ▲ 0.41% IPSA 11,381.18 ▲ 1.30% IPC MEX 63,507.11 ▼ 1.11% MERVAL 3,046,139 ▲ 0.57% COLCAP 2,510.93 ▼ 0.03% BVL PERÚ 58,965.05 ▲ 0.64% USD/BRL5.15— 0.00% USD/MXN17.19▼ 0.33% USD/CLP958.78▲ 0.35% USD/COP3,149▲ 0.85% USD/PEN3.36▼ 0.04% USD/ARS1,509▼ 0.25% USD/UYU40.20▲ 3.11% USD/PYG5,888▲ 2.09% USD/BOB9.75▼ 12.91% USD/DOP58.83▼ 0.03% USD/CRC444.45▲ 2.53% USD/GTQ7.63▲ 3.11% USD/HNL26.85▲ 3.22% USD/NIO36.62▲ 2.69% USD/VES845.33▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.74▲ 2.56% EUR/BRL5.91▼ 0.24% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 186,316.10 ▲ 0.41% IPSA 11,381.18 ▲ 1.30% IPC MEX 63,507.11 ▼ 1.11% MERVAL 3,046,139 ▲ 0.57% COLCAP 2,510.93 ▼ 0.03% BVL PERÚ 58,965.05 ▲ 0.64% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, September 17, 2026

Vibra’s R$100 Million Investment Drives Lubrax Expansion in Latin America

By · November 28, 2024 · 1 min read

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Vibra has completed a R$100 million ($17.2 million) expansion of its Lubrax lubricants factory in Duque de Caxias, Brazil.

The investment boosts annual production capacity from 300,000 to 460,000 cubic meters, marking a 53.3% increase. The company acquired Lubrax from Petrobras during privatization.

The brand now commands 17.2% market share, positioning it as a top-three player in Brazil’s competitive lubricants market. Lubrax competes directly with Moove and market leader Iconic.

Sales volume grew 6.9% in the third quarter, reaching 71,000 cubic meters. The modernized facility features digital blending technology, enabling precise production of high-value lubricants.

This replaces the previous manual processes. Vibra currently distributes products across six Latin American countries, with Chile representing its strongest market presence.

Vibra's R$100 Million Investment Drives Lubrax Expansion in Latin America
Vibra’s R$100 Million Investment Drives Lubrax Expansion in Latin America.
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The company aims to deepen its regional footprint through strategic expansion plans scheduled for late 2024. The facility sources 50% of its base oil from the neighboring Petrobras Duque de Caxias refinery.

The remaining raw materials come from U.S. and Asian suppliers. This supply chain diversity ensures stable production capabilities. Vibra maintains full ownership of the Lubrax brand following the privatization deal.

The company operates 1,700 Lubrax+ service centers within its fuel station network and plans further expansion. Their marketing strategy focuses on StockCar racing sponsorships.

The current agreement allowing Vibra to use Petrobras branding expires in 2029. The company then has six years to complete debranding operations. This transition period provides stability for existing station contracts while supporting future growth plans.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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