30 November 2012 23:06 [Source: ICIS news]
NEW YORK(ICIS)--The re-refined base oil sector is growing and is expected to double its present capacity by 2017, according to Geeta Agashe of Kline & Company, speaking at the 8th ICIS Pan-American conference.
Although North American re-refining capacity lags that of ?xml:namespace>
In 2012, North American re-refining capacity is slightly under 800,000 tonnes, spread between re-refiners in the
By 2017, if all new capacities come on stream, North America's re-refining capacity is expected to reach just over 1.2m tonnes, based upon the same tabulations.
The additional capacity includes several new plants planned by existing re-refiners, as well as a number of new players entering the sector.
Driving the move towards more re-refining, a process that takes used motor oils and distills contaminating factors out to return to the original base stock, is an improving North American collecting system for the used motor oil, strong regulatory support and technological advances in the processing.
Safety-Kleen, Heritage Crystal Clean and Evergreen are among the existing companies participating as re-refiners for base oils.
The meeting ends on Friday.
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