Petroleo Ipiranga
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Petroleo Ipiranga
Ipiranga is a Brazilian fuel company and is a subsidiary of Ultra. It is the second-largest Brazilian fuel distribution company, and the largest in the private sector. The company has about 6,500 gas stations across the country and 1,400 convenience stores. Ipiranga owns the am/pm chain of convenience stores, Jet Oil oil change services, Km de Vantagens loyalty program, and ConectCar prepaid system for electronic payment of tolls and parking. The company's headquarter is in the city of Rio de Janeiro, Brazil. Etymology ''Ipiranga'' combines the indigenous Tupi words ''‘y'' (river) and ''pirang'' (red) to mean “red river”. History Destilaria Rio-Grandense de Petróleo S.A., the first Brazilian distillery, was founded in November 1934 by Brazilian and Argentinian investors in Uruguaiana, state of Rio Grande do Sul. The distillery produced full-scale gasoline, kerosene, diesel oil, and fuel oil. In August 1936, the owners of Destilaria Rio-Grandense de Petróleo partnered wi ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Ultrapar
Ultra is a Brazilian company operating in the sectors of fuel distribution, through Ipiranga and Ultragaz; in the production of specialty chemicals, through Oxiteno; in the storage of liquid bulk, through Ultracargo; and in pharmacies, through Extrafarma, all of which are subsidiaries entirely controlled by Ultrapar holding. The company is publicly traded under the name Ultrapar on São Paulo’s stock exchange (B3) and on New York’s (NYSE). Ultra is Brazil's fourth largest company, and according to the yearly publication Valor 1000 of the Brazilian newspaper Valor Econômico, its net revenue in 2013 was 60.9 billion reais (BRL). Ultra is among the 500 largest companies in the world, according to a ranking prepared by Fortune magazine in 2014. History Ultra was founded on 30 August 1937 by Ernesto Igel, and originated from the first Brazilian company to bottle and distribute LPG, named Empresa Brasileira de Gás a Domicílio. The company started its operations with a flee ...
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Companies Based In Rio Grande Do Sul
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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