Volume 5 Issue 42
Recvoil Builds Chile’s First Rerefinery
October 19, 2022A 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.
HCC Records Revenue Increase
October 19, 2022Rerefiner 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 Operates Baltimore Plant
October 19, 2022U.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.
From Other Editions of Lube Report
October 19, 2022ExxonMobil to Upgrade Tianjin Blending Plant
Briefly Noted
October 19, 2022Cincinnati, Ohio-based RelaDyne announced that its national automotive brand, DuraMAX, will supply oil to Take 5 Oil Change’s network of more than 750 company operated and franchised locations across the United States through its direct footprint and associate distributor network.