Norwell, Mass.-based Clean Harbors oil rerefining and recycling business segment reported $138 million in third party revenues for the first quarter, down 6 percent from $146.9 million in 2013s first quarter. The company also lists net intersegment revenue, which is what its rerefining group pays Clean Harbors environmental services segment for the value of collected waste oil. According to Jim Buckley, Clean Harbors senior vice president for investor relations and corporate communications, the third party revenues – the rerefining groups sales of base, blended, reclaimed fuel oil and a small contribution of byproducts – represents that groups true revenue profile as it is what it sells to the outside world.

Our oil rerefining and recycling segment rebounded from year-end and demonstrated improvement as the quarter progressed, including some pricing gains in March after a significant decline in base oil pricing in January, Alan S. McKim, Clean Harbors chairman and CEO, said in its earnings news release.

Looking ahead, McKim said the company was, encouraged by some of the overall trends we are seeing in our businesses ranging from increasing volumes in our disposal network to improved base oil pricing and lower [pay-for-oil] in rerefining to the opening of new Safety-Kleen branches to opportunities in our core industrial business lines.

Clean Harbors acquired rerefiner Evergreen Oil out of bankruptcy for $60 million in 2013 and Safety-Kleen for $1.3 billion in December 2012. Evergreen Oils Newark, Calif., rerefinery – now considered part of Safety-Kleen operations – has 1,150 barrels per day of API Group II capacity. Safety-Kleens East Chicago, Ind., rerefinery has 800 b/d of Group I and 4,200 b/d of Group II capacity. Its rerefinery in Breslau, Canada, has capacities of 700 barrels per day of Group I and 1,200 b/d of Group II.

Cosan

Net revenues from the sales of lubricants, resale of base oil and other products and services of Cosan Lubrificantes totaled 368 million Brazilian reais (U.S. $166.5 million) for the first quarter, up 3 percent than in the year earlier quarter, due to the increase of 18.6 percent in international business sales.

The company noted the cost of goods and services it provided rose 12.5 percent in the first quarter, compared to 2013s first quarter, an increase caused mainly by the foreign exchange rate impact, which affects the costs of importing base oil and other inputs.

Sao Paulo, Brazil-based Cosan, a producer of sugar and ethanol products since 1936, expanded through acquisitions beginning in 2008 to become a distributor of fuels and lubricants. It has produced, marketed and distributed lubricants and specialties for retail and industrial markets since 2008, when Cosan acquired the assets of ExxonMobil’s Brazilian affiliate. The alliance provided Cosan the right to use the Mobil brand in Brazil, Uruguay, Paraguay and Bolivia. Cosan also imports and distributes base oils as authorized distributor of ExxonMobil base stocks and S-Oils Ultra-S Series brands.

In 2012, Cosan entered the European market by acquiring Comma Oil & Chemicals Ltd. in the United Kingdom. At its Kent plant, the company produces and distributes lubricants and other automotive maintenance products, such as antifreeze, brake fluids, coolants and additives for the U.K. market and for export to over 40 countries in Europe and Asia.

Novvi, a joint venture between Cosan and U.S. research firm Amyris, develops renewable synthetic base oil from sugarcane.