Green Oil
Different waste petrochemicals recycling. Raw materials are used lube oils and slop oils: fuel mixture collected in sea oil tankers onboard after each tank operation carrying diesel, petrol, oleochemicals as a cleaning and pipe residues, as well as unconditional fuel mixtures from refining plants. Area of action is Germany, The Netherlands and Baltic Sea ports.
The basic idea is recycling of used industrial oils and fuel mixtures using a refining technology and equipment by physical treatment and elimination of sulfur and other unwanted impurities. Derived materials are suitable for further blending into high class finished lube oils and low sulfur fuels with sulfur content less than 10 ppm according to EN590 for diesel fuel (ultra low sulphur diesel) and Group II+ for base oils. By adding necessary additives into base oils new fuels and lube oils meeting international standards will be produced. Company plans to earn incomes from ready product sales diesel fuel, gasoline, motor, transmission, hydraulic and industrial oils, bitumen emulsion. The recycling process does not create new pollution. EU regulations require recycling as a preferable way currently which also applies to the Baltic States.
Articles about Green Oil:
- December 30, 2020 Tuscan startup Seares lands €400K for its innovative nautical tech
- November 20, 2020 Astanor Ventures launches Europe’s largest impact fund at €274.6 million to back agri-food and ocean tech startups
- October 27, 2020 Coffee lover? Copenhagen-based Kaffe Bueno lands €1.1 million to unlock and upcycle coffee’s health potential
- October 2, 2020 Weekly VC Overview: All 74 European funding rounds we tracked this week (Sept. 28 – Oct. 2, 2020)
- October 2, 2020 Stockholm-based Voi conquers another UK region for exclusive e-scooter trials, now the no.1 operator
- September 4, 2020 Stockholm-based Voi wins approval for e-scooter trials in the West Midlands, UK
- August 20, 2020 Helsinki-based iFarm raises €3.3 million for its automated indoor farming solutions
- August 18, 2020 Would you eat this? Why now is the time for insect farming startups
- June 22, 2020 Cannatech: 10 of the most promising European cannabis tech startups
- June 16, 2020 Meet the European VC firms funding overlooked founders
- May 19, 2020 Serbia’s startup ecosystem at a glance
- May 13, 2020 Slovak agritech Nitroterra secures €1 million to improve the planet’s soil system
- March 19, 2020 10 promising European forestry tech startups to watch in 2020
- February 5, 2020 “If you see a problem, try and solve it”: Interview with Ecosia’s CEO, Christian
- November 7, 2019 Europe’s transportation unicorn Bolt launches €10 million environmental impact fund
- October 21, 2019 10 European startups tackling natural disasters and other emergencies
- October 8, 2019 Helsinki-based Soil Scout raises significant late-seed round to help better manage water resources
- September 3, 2019 Growing up: Inside Infarm’s plans to feed the world