TotalEnergies boosts European lubricant recycling with acquisition of Tecoil, a leader in used oil regeneration

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TotalEnergies boosts European lubricant recycling with acquisition of Tecoil, a leader in used oil regeneration

TotalEnergies has recently acquired Tecoil, a Finnish company specializing in producing Re-Refined Base Oils (RRBOs) with the most efficient used oil regeneration process available today.

Source: Morningstar

Tecoil's production facility in Hamina, eastern Finland, currently produces 50,000 tons of RRBOs annually. The company has established a circular economy network in Europe for collecting used lubricants and supplying its plant.

The integration of Tecoil into TotalEnergies will allow us to accelerate the use of RRBOs in the production of our high-end lubricants to meet our customers’ growing demand for increasingly high-performance, environmentally friendly products. We are delighted to welcome the Tecoil teams and combine their know-how in base oil processing with TotalEnergies’ recognized expertise in the production and distribution of lubricants.

Pierre Duhot, Senior Vice-President Lubricants and Specialties, TotalEnergies

Through Tecoil's optimized "re-refining" process, used oils are treated to match the quality of top-grade virgin base oils. These premium base oils are used to create lubricants that meet the growing customer demand for sustainability and circularity, significantly reducing the carbon footprint of the lubricants while maintaining performance levels approved by various car manufacturers.

Joining TotalEnergies is a great satisfaction and an opportunity to strengthen and develop the activities of Tecoil. It will allow us to jointly build on our work, knowledge, and development of the lubricant sector and meet the new challenges and ambitions of our customers.

Juha Kokko, CEO, Tecoil

TotalEnergies, a key player in the lubricants industry, operates 42 lubricant production sites globally and is a preferred partner for automotive, industrial, and marine sectors. The company offers cutting-edge products and services, including its latest range of lubricants derived from high-quality regenerated base oils (Quartz EV3R for passenger vehicles and Rubia EV3R for trucks) introduced in June 2024.

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