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Operations (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of Principles of Consolidation and Investments in Subsidiaries [Abstract]  
Investments in subsidiaries

The consolidated financial statements include the following direct and indirect subsidiaries:

 

 

 

 

% interest in the share capital


 

 

 

12/31/2022

12/31/2021


12/31/2020


 

 

 

Control  

Control


Control


 

Location

Segment

Direct

 

Indirect

 

Direct

 

Indirect


Direct


Indirect


Ipiranga Produtos de Petróleo S.A.

Brazil

Ipiranga

100

 

-

 

100

 

-


100


-


am/pm Comestíveis Ltda.

Brazil

Ipiranga

-

 

100

 

-

 

100


-


100


Icorban - Correspondente Bancário Ltda.

Brazil

Ipiranga

-

 

100

 

-

 

100


-


100


Ipiranga Trading Limited

British Virgin Islands

Ipiranga

-

 

100

 

-

 

100


-


100


Tropical Transportes Ipiranga Ltda.

Brazil

Ipiranga

-

 

100

 

-

 

100


-


100


Ipiranga Imobiliária Ltda.

Brazil

Ipiranga

-

 

100

 

-

 

100


-


100


Ipiranga Logística Ltda.

Brazil

Ipiranga

-

 

100

 

-

 

100


-


100


Oil Trading Importadora e Exportadora Ltda.

Brazil

Ipiranga

-

 

100

 

-

 

100


-


100


Iconic Lubrificantes S.A.

Brazil

Ipiranga

-

 

56

 

-

 

56


-


56


Integra Frotas Ltda.

Brazil

Ipiranga

-

 

100

 

-

 

100


-


100


Imaven Imóveis Ltda.

Brazil

Others

-

 

100

 

-

 

100


-


100


Imifarma Produtos Farmacêuticos e Cosméticos S.A.(3)

Brazil

Extrafarma

-

 

-

 

-

 

100


-


100


Ultragaz Participações Ltda (8)

Brazil

Ultragaz

100

 

-

 

-

 

-


-


-


Ultragaz Energia Ltda (10)

Brazil

Ultragaz

-

 

100

 

-

 

100


-


-


   Stella GD Intermediação de Geração Distribuída de Energia Ltda.(9)

Brazil

Ultragaz

-

 

100

 

-

 

-


-


-


        Companhia Ultragaz S.A. (8)

Brazil

Ultragaz

-

 

99

 

-

 

99


-


99


   Nova Paraná Distribuidora de Gás Ltda. (1)

Brazil

Ultragaz

-

 

100

 

-

 

100


-


100


   Utingás Armazenadora S.A

Brazil

Ultragaz

-

 

57

 

-

 

57


-


57


   Bahiana Distribuidora de Gás Ltda. (7)

Brazil

Ultragaz

-

 

100

 

-

 

100


-


100


   LPG International Inc. (7)

Cayman Islands

Ultragaz

-

 

100

 

-

 

100


-


100


UVC Investimentos Ltda

Brazil

Others

100

 

-

 

-

 

99


-


99


Centro de Conveniências Millennium Ltda. and subsidiaries

Brazil

Others

100

 

-

 

100

 

-


100


-


Oxiteno S.A. Indústria e Comércio (4)

Brazil

Oxiteno

-

 

-

 

100

 

-


100


-


Oxiteno Argentina Sociedad de Responsabilidad Ltda.

Argentina

Oxiteno

-

 

-

 

-

 

100


-


100


Oleoquímica Indústria e Comércio de Produtos Químicos Ltda.

Brazil

Oxiteno

-

 

-

 

-

 

100


-


100


Oxiteno Uruguay S.A.

Uruguay

Oxiteno

-

 

-

 

-

 

100


-


100


Oxiteno México S.A. de C.V.

Mexico

Oxiteno

-

 

-

 

-

 

100


-


100


Oxiteno Servicios Corporativos S.A. de C.V.

Mexico

Oxiteno

-

 

-

 

-

 

100


-


100


Oxiteno Servicios Industriales S.A. de C.V.

Mexico

Oxiteno

-

 

-

 

-

 

100


-


100


Oxiteno USA LLC

United States

Oxiteno

-

 

-

 

-

 

100


-


100


Global Petroleum Products Trading Corp. (5)

British Virgin Islands

Oxiteno

-

 

-

 

-

 

100


-


100


Oxiteno Europe SPRL

Belgium

Oxiteno

-

 

-

 

-

 

100


-


100


Oxiteno Colombia S.A.S.

Colombia

Oxiteno

-

 

-

 

-

 

100


-


100


Oxiteno Shanghai LTD.

China

Oxiteno

-

 

-

 

-

 

100


-


100


Empresa Carioca de Produtos Químicos S.A.

Brazil

Oxiteno

-

 

-

 

-

 

100


-


100


Ultracargo - Operações Logísticas e Participações Ltda.

Brazil

Ultracargo

100

 

-

 

100

 

-


100


-


Ultracargo Logística S.A. (2)

Brazil

Ultracargo

-

 

99

 

-

 

99


-


99


TEAS – Terminal Exportador de Álcool de Santos Ltda.

Brazil

Ultracargo

-

 

100

 

-

 

100


-


100


Ultracargo Vila do Conde Logística Portuária S.A. (6)

Brazil

Ultracargo

-

 

100

 

-

 

100


-


100


Ultrapar International S.A.

Luxembourg

Others

100

 

-

 

100

 

-


100


-


SERMA - Ass. dos usuários equip. proc. de dados

Brazil

Others

-

 

100

 

-

 

100


-


100


UVC - Fundo de investimento em participações multiestratégia investimento no exterior

Brazil

Others

100

 

-

 

100

 

-


100


-


Eaí Clube Automobilista S.A.

Brazil

Others

100

 

-

 

100

 

-


100


-



The percentages in the table above are rounded.


(1) Non-operating company in closing phase.
(2) In April 2021, the name of subsidiary Terminal Químico de Aratu S.A - Tequimar was changed to Ultracargo Logística S.A. (“Ultracargo Logística”).
(3) On May 18, 2021, the Company announced the signing of an agreement for the sale of all shares of Extrafarma to Pague Menos. As of December 31, 2021, the Company reclassified the subsidiary’s balances to “assets and liabilities held for sale”, being the transaction closed on August 1, 2022 after the fulfillment of  all conditions precedent. For further details, see note 4.c.1.
(4) On August 16, 2021, the Company announced the signing of an agreement for the sale of its interest in Oxiteno S.A. to Indorama. As of December 31, 2021, the Company reclassified the subsidiary’s balances to “assets and liabilities held for sale”. On April 1, 2022, the transaction was consummated.
(5) On January 27, 2022, the subsidiary Global Petroleum Products Trading Corp (“GPPT”) was dissolved.
(6) On April 29, 2022, the name of subsidiary Tequimar Vila do Conde Logística Portuária S.A was changed to Ultracargo Vila do Conde Logística Portuária S.A.
(7) On July 1, 2022, the indirect subsidiaries Bahiana Distribuidora de Gás Ltda. (“Bahiana”) and LPG International Inc. (“LPG”) became controlled by Ultragaz.
(8) On August 1, 2022, the subsidiary Companhia Ultragaz S.A. (“Ultragaz”) became directly controlled by Ultrapar. In November 2022, Ultragaz became an investee of Ultragaz Participações Ltda.
(9) On September 12, 2022, the Company through its subsidiary Ultragaz Energia Ltda., signed an agreement for the acquisition of all quotas of Stella GD Intermediação de Geração Distribuída de Energia Ltda. (“Stella”). The closing of the acquisition ocurred on October 1, 2022 (see note 33.a).
(10) On November 18, 2022, the name of subsidiary Ultragaz Comercial Ltda. was changed to Ultragaz Energia Ltda.