Avista Oil AG acquired a 50 percent stake in Universal Environmental Services LLC, enabling Universal to grow its used oil collection business and plan a base oil rerefinery in Peachtree City, Ga.
Current plans call for a plant that will process 30 million gallons of waste oil per year. Were definitely expecting to be able to make [API] Group II base oil, Universal President John Redmond told Lube Report. Thats based on Avistas extensive experience in Europe, and the products they can produce in Europe using the same technology. A base oil production capacity estimate for the proposed plant has not yet been released.