AVISTA OIL to expand into South America

The AVISTA OIL group of companies is planning further expansions into foreign countries, and is focussing in particular on the South American region, as the need for high-quality Eco base oil is also high there.

“The market for high-quality base oils is extremely promising in South America”, explains Juan Fritschy (44), CEO of AVISTA OIL US. “We have already been able to acquire customers in Peru, Ecuador and Chile”. Against the background of a growing market, AVISTA OIL has gathered extensive know-how on the countries of Latin America. The American refinery wants to continue these developments, and, due to the extent of the potential, recently employed Mr Dario Labattaglia (48), who will be responsible for the development of further business opportunities in Latin America, including Mexico.