ICONIC to distribute base oils in Brazil for Chevron

Chevron Products Company, a division of Chevron U.S.A. Inc., announced that it has signed a base oil distribution agreement with ICONIC to be its distributor in Brazil. ICONIC is a joint venture owned by Chevron and Ipiranga. To facilitate this change, ICONIC has created a new business structure fully dedicated to base oil commercialization managed independently from their lubricants business. ICONIC will distribute Group II and Group III base oil exclusively from Chevron.

“ICONIC is the ideal distributor for Chevron in Brazil,” said Alicia Logan, General Manager, Chevron Base Oils. “They know the market, and with our base oils in tank, they offer customers premium base oils backed by a strong technical support team that can help customers optimize formulations.”

“We are very excited to be distributing Chevron’s Group II and NEXBASE Group III base oils,” said Marcelo Guimaraes, ICONIC Base Oil Executive Manager, adding: “We are ready to provide differentiated and reliable supply through our extensive network and storage tank capability at our recently completed Base Oil Terminal.” 

Chevron Base Oils is one of the producers Group II and Group III base oils. It has 5 manufacturing plants and 17 distribution hubs worldwide.

ICONIC is a lubricant marketer in Brazil and it develops, produces, markets, and distributes lubricants, greases and coolants. It has two manufacturing facilities and it distributes base oils through a terminal in Rio de Janeiro port.