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 (Bovespa) 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 a ranking prepared by Fortune magazine in 2014.

History

Ultra was founded in 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 fleet of three trucks and 166 clients. It soon expanded and gave birth to Ultragaz.