UGP
- Ultrapar Participações S.A.
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Overview
Company Summary
Ultrapar Participa��es S.A., commonly known as Ultrapar, is a Brazilian multinational conglomerate company that operates primarily in the fuel distribution, specialty chemicals, and retail industries. Founded in 1937, Ultrapar has become a prominent player in the Brazilian market and has expanded its operations globally.
Ultrapar's operations are organized into five main business segments:
1. Ipiranga: Ultrapar's largest segment is Ipiranga, which focuses on fuel distribution and convenience stores. Ipiranga operates a vast network of service stations across Brazil, offering gasoline, diesel fuel, ethanol, and natural gas. In addition to fuel distribution, Ipiranga provides other services like car washes, lubricants, convenience stores, and card payment systems.
2. Ultragaz: This segment is involved in the distribution and retail of liquefied petroleum gas (LPG), commonly known as cooking gas, in Brazil. Ultragaz supplies LPG cylinders to residential, commercial, and industrial customers across the country.
3. Oxiteno: Ultrapar's specialty chemicals segment is represented by Oxiteno, a leading manufacturer of specialty chemicals and chemical intermediates used in industries such as paints, coatings, cosmetics, household cleaners, and agrochemicals. Oxiteno operates production facilities in Brazil, Mexico, the United States, and Uruguay.
4. Ultracargo: Ultracargo is engaged in the storage and logistics of liquid bulk products, such as fuels, chemicals, and vegetable oils. It operates a network of terminals and facilitates the transportation, storage, and handling of these products in Brazil.
5. Extrafarma: Ultrapar entered the pharmaceutical retail sector in 2014 with the acquisition of Extrafarma, a pharmacy chain with a strong presence in the northern and northeastern regions of Brazil. Extrafarma operates a network of stores offering pharmaceutical products, health and beauty items, personal care products, and cosmetics.
Ultrapar's diversified portfolio across these business segments enables the company to benefit from various economic sectors and mitigate risks associated with specific industries. The company's strategic focus on customer convenience, logistics capabilities, and high-quality products has contributed to its success in the Brazilian market and its expansion into international markets.