Ultrapar

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Ultrapar Participações S.A.
Type Sociedade Anônima
Traded as BM&F BovespaUGPA3
NYSEUGP
Industry Conglomerate
Founded 1930
Headquarters São Paulo, Brazil
Key people Paulo Guilherme Aguiar Cunha, (Chairman)
Pedro Wongtschowski, (CEO)
Products Fuel, Chemicals, Logistics, Filling station, Drugstores
Revenue Increase US$ 25.7 billion (2012)
Net income Increase US$ 520.0 million (2013)
Employees 9,601
Subsidiaries Petroleo Ipiranga
Website www.ultra.com.br

Ultrapar is a Brazilian 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 company operates in the drugstore sector, through its subsisdiary Extrafarma, with 177 stores in 5 Brazilian states.

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,[1] 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[edit]

The company was founded in 1930 by Austrian businessman Ernesto Igel and was consolidated by his son Pery Igel, who died in 1998.

References[edit]

  1. ^ Chevron