Petrowax expands chemical technology center

Brazilian company Petrowax has decided to invest 1.2 million reais (US$722,000) to upgrade its chemical technology center in Ipero, Sao Paulo, which will allow it to provide third-party laboratory analysis to other lube companies. Brazil’s new regulations now allow third parties to carry out lube analysis. Petrowax is a subsidiary of Agecom which produces anti-foam chemicals and distributes products for Petrobras. (March 10, 2011)