Industry News

Items tagged: Acquisition

• Developing the circular economy for lubricants in Europe: TotalEnergies Acquires Tecoil, a lubricant used oil regeneration specialist

  TotalEnergies has announced the acquisition of Tecoil, a Finnish company specialised in the production of Re-Refined Base Oils (RRBOs), which has the most efficient used oil regeneration process on the market today.

  Tecoil currently operates a production facility of 50,000 tons of RRBOs per year in Hamina, in eastern Finland. Tecoil has developed its own circular economy network for collecting used lubricants in Europe and supplying its plant.

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• Slicker Recycling announces Oil Monster acquisition

  

  Slicker Recycling, which collects and recycles over 75 million litres of used oil and commercial garage waste every year, has acquired fellow industry specialist, Oil Monster.

  Chester-based Oil Monster employs a team of 13 people and operates a fleet of 10 trucks which collects waste oil throughout the UK.

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