Volume 5 Issue 42
A used oil management organization, in cooperation with fuels and lubricants distributor Enex, broke ground last month on what will be the first used oil rerefinery in Chile. The facility, which will be owned and operated by Recvoil, is being built in the coastal city of San Antonio and is designed for capacity to produce 7,100 metric tons of base oils per year. The price tag for the project is U.S. $7.5 million, and it is scheduled to begin making base oils by 2024.
Rerefiner Heritage-Crystal Clean Inc.’s oil business segment reported a 29% increase in revenues for its third quarter ending Sept. 7, and WD-40 reported a 76% jump in net income for the fourth quarter of its fiscal year, compared to results in the same periods last year.
U.S. Lubricants is now operating at its Baltimore, Maryland, facility it acquired from BP in January, the company announced, having now blended its first batch of lubricants. The site will mostly blend automotive and heavy-duty lubricants, and various industrial lubricants, the company says.