ICONIC Base Oil Solutions
ICONIC Base Oil Solutions has been appointed as the official distributor for Chevron Oronite’s lubricant and fuel additive products in Brazil. The Business Unit boasts a comprehensive portfolio and has been actively distributing Chevron’s Premium Base Oil since 2023.
According to Marcelo Guimarães, executive manager of ICONIC Base Oil Solutions: “This is another relevant addition to our premium portfolio, which is increasingly complete to meet the demands of the Brazilian market. This further reinforces our broad relationship with Chevron in South America”. The company already distributes products from Chevron (Nexbase), ACELEN and, more recently, Nynas.
“We are excited about the partnership with ICONIC Base Oil Solutions as our new distributor in Brazil”, said Leonardo Querente, Chevron Oronite Sales Manager, Latin America region. “This strategic collaboration will allow us to further strengthen our presence in the Brazilian market and offer high-quality solutions to our customers.
ICONIC has a proven track record of excellence in distribution, and we are confident that together we can meet the growing demands of the lubricants and fuel additives market. This change represents a significant step in our journey to provide innovative and high-performance products to our customers in Latin America.”
The distribution agreement is effective on June of 2025 and includes the following products: OLOA® Lubricant additives, OGA® Aftermarket Gasoline Additive and PARATONE® Viscosity Modifiers.
Key-player in Brazil
ICONIC Base Oil Solutions is a key player within the Brazilian territory in the distribution of high-value Base Oils and, now adding fuel and lubricant additives into its portfolio.
Guimarães reinforces that this is also an opportunity to engage with Chevron Oronite customers through the value-adding service and leading the one-stop shop concept in Brazil by combining logistics with premium base oils and additive solutions.
This portfolio expansion in the relationship with Chevron will help to further support customers in Brazil, with tailor-made distribution solutions for Chevron Oronite products in the Lubricants and Fuels market.
Chevron Oronite is one of the largest companies developing and producing lubricant additives, developed to help improve engine performance. With a global presence and a vast sales network, Oronite employs more than 2,000 people worldwide. The company’s products are recognized for their high performance, technology and leadership in supplying different chains of the global economy, such as lubricating oils for marine, railway and natural gas engines, as well as hydraulic fluids for tractors.
ICONIC is a joint venture owned by Chevron and Ipiranga. ICONIC is the leading 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 the Rio de Janeiro port. ICONIC has created a new business structure that is fully dedicated to base oil commercialization and managed independently from its lubricants business.
It operates with a highly qualified technical team, offers an exclusive terminal in Rio de Janeiro by the port for ship unloading, and provides different storage sites with shorter lead times for customer deliveries.