Puralube Holding GmbH plans to invest 40 (US$51.75) million to build a third waste oil re-refinery at its Zeitz Chemical and Industrial Park in nearby Zeitz, Germany.
The new plant, like the two existing ones, will process 80,000 metric tons per year of used oil, producing 50,000 metric tons per year API Group II+ base oil, increasing the total processing capacity to 240,000 metric tons of waste oil per year and producing 150,000 metric tons of Group II+ lube base oil per year. The new plant is expected to be operational in late 2014.
German Federal State Saxony-Anhalt Prime Minister Dr. Reiner Haseloff said that Puralube has once again chosen the location Zeitz, which is reflecting the success story of Saxony-Anhalt's chemical parks concept. "The infrastructure, services and resources available permit an enterprise to focus on its core competencies, allowing companies such as Puralube Holding to work innovatively and to use their position as technological leaders to become market leaders as well," Haseloff added.
Puralube's first re-refinery, opened in 2004, was the worlds first re-refinery to operate based on the Honeywell UOP HyLube high pressure hydrogenation technology.. The company opened its second re-rerefinery nearby Zeitz, Germany (40 km south of Leipzig) in late 2008, the two plants being essentially identical.
Puralube produces and distributes up to four cuts of high-quality API Group II+ base oils primarily for the European lubricants market under the brand name pur e.g. pur60, pur75, pur160, and pur300.
Pluralube GmbH is a German subsidiary of Wayne, PA-based Pluralube Inc.
