Ultrapar
Encyclopedia
Ultrapar is a Brazil
ian group, with operations in Brazil, Mexico, Argentina
, USA and Venezuela
, and differentiated position in the three segments in which to operate its business units: distribution of fuel through the Petroleo Ipiranga
and Ultragaz , production of chemicals through Oxiteno and integrated logistics
solutions for special bulk with Ultracargo. In 2007, Ultrapar acquired the operations of distribution of fuel in the Ipiranga Group's Southern and Southeastern regions of Brazil, with the aim of expanding its activities in the area of distribution.
The Ultrapar, which was already the largest distributor of LPG (liquefied petroleum gas, or gas for cooking) in the country through Ultragaz, came to hold the second position in distribution of fuel, with approximately 14% of this market by Ipiranga.
In 2008,through Petroleo Ipiranga, Ultrapar bought the operation of Chevron, known as Texaco, in Brazil.
Ultrapar is listed on São Paulo Stock Exchange (BM&F Bovespa) and since 1999 in New York Stock Exchange (NYSE).
businessman Ernesto Igel and was consolidated by his son Pery Igel, who died in 1998.
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
ian group, with operations in Brazil, Mexico, Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...
, USA and Venezuela
Venezuela
Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south...
, and differentiated position in the three segments in which to operate its business units: distribution of fuel through the Petroleo Ipiranga
Petroleo Ipiranga
Empresas Petróleo Ipiranga is a Brazilian conglomerate that are in the field of refining and distribution of oil.It also has business in petrochemical and chemical industries....
and Ultragaz , production of chemicals through Oxiteno and integrated logistics
Logistics
Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...
solutions for special bulk with Ultracargo. In 2007, Ultrapar acquired the operations of distribution of fuel in the Ipiranga Group's Southern and Southeastern regions of Brazil, with the aim of expanding its activities in the area of distribution.
The Ultrapar, which was already the largest distributor of LPG (liquefied petroleum gas, or gas for cooking) in the country through Ultragaz, came to hold the second position in distribution of fuel, with approximately 14% of this market by Ipiranga.
In 2008,through Petroleo Ipiranga, Ultrapar bought the operation of Chevron, known as Texaco, in Brazil.
Ultrapar is listed on São Paulo Stock Exchange (BM&F Bovespa) and since 1999 in New York Stock Exchange (NYSE).
History
The company was founded in 1930 by AustrianAustrians
Austrians are a nation and ethnic group, consisting of the population of the Republic of Austria and its historical predecessor states who share a common Austrian culture and Austrian descent....
businessman Ernesto Igel and was consolidated by his son Pery Igel, who died in 1998.