About Ultrapar
Ultrapar: A Multinational Conglomerate with a Strong Financial Foundation and Corporate Governance
Ultrapar is one of the largest Brazilian business groups that has been operating for over 80 years. The company has established itself as a multibusiness corporation with a strong financial foundation and corporate governance. With more than 14,000 employees, Ultrapar operates in five different segments of the market, including retail and specialized distribution (Ipiranga, Ultragaz, and Extrafarma), chemical specialties (Oxiteno), and storage for liquid bulk (Ultracargo).
The company's success can be attributed to its commitment to excellence in all aspects of its operations. From product development to customer service, Ultrapar strives to provide high-quality services that meet the needs of its customers. This dedication has earned it a reputation as one of Brazil's most respected companies.
Retail and Specialized Distribution
Ipiranga is one of the leading fuel distributors in Brazil. The company operates over 7,200 service stations across the country under various brands such as Ipiranga Petrobras BR Mania convenience stores. Ipiranga also offers lubricants for vehicles through its Lubrax brand.
Ultragaz is another subsidiary under Ultrapar that specializes in distributing liquefied petroleum gas (LPG) cylinders for residential use across Brazil. It serves more than 11 million households through an extensive network of authorized dealerships.
Extrafarma is a pharmacy chain owned by Ultrapar that provides health products at affordable prices throughout Brazil. With over 400 stores located across several states in Brazil, Extrafarma aims to provide quality healthcare products while maintaining excellent customer service.
Chemical Specialties
Oxiteno is another subsidiary under Ultrapar that specializes in producing specialty chemicals used by various industries such as personal care products, agrochemicals, paints & coatings among others . Oxiteno operates globally with production plants located not only in Brazil but also Mexico , USA , Uruguay , Venezuela among other countries .
Storage for Liquid Bulk
Ultracargo provides storage solutions for liquid bulk cargo such as fuels & chemicals . Ultracargo owns terminals strategically located near ports throughout Brazil which allows it to offer efficient logistics services .
Corporate Governance
Ultrapar places great emphasis on corporate governance practices which are essential components towards building trust between stakeholders including shareholders , employees , suppliers among others . The company adheres strictly to ethical standards while ensuring transparency & accountability at all levels .
Conclusion
In conclusion , Ultrapar stands out from other Brazilian conglomerates due to its solid financial foundation coupled with excellent corporate governance practices . Its subsidiaries operate within different sectors providing quality services while maintaining high standards towards sustainability & social responsibility .