One of its companies engaged in fuel distribution is Ultragaz. With a market share of 23%, Ultragaz leads the LPG distribution business in Brazil and is one of the world’s largest independent LPG distributors. Ultragaz LPG is used by 11 million households through its network of 4,400 retailers.
The other company in the fuel distribution business is Ipiranga. Its network of 6,100 service stations covering a market share of 21% makes it the second largest fuel distributor in Brazil in 2011.
Oxiteno is Ultrapar’s company involved in chemicals. In Latin America, Oxiteno is one of the largest suppliers of ethylene oxide. Oxiteno is the only producer of fatty alcohols and its by-products in the whole of Latin America.
Ultrapar’s liquid bulk storage business is handled by Ultracargo, the largest in Brazil. It has seven terminals with storage capacity estimated at 664,000 cubic meters.
Ultrapar is a standout in leading its individual markets. It has a competitive advantage that can sustain the company for generations. It has consistent planning and execution and has demonstrated a disciplined capital allocation. It has one of the best corporate cultures in Brazil: passion for customers, focus on people, and discipline in costs. It has aligned its interests to make it congruent with the growth of its instruments. Its resilience in business is based on economic growth and has displayed flexibility in economic cycles.
Ultrapar is committed to the capital markets and has pioneered the practice of strong corporate governance being the first Brazilian company to be listed in the São Paulo Stock Exchange and New York Stock Exchange.