TotalEnergies Acquires Finnish Lubricant Used Oil Regeneration Specialist Tecoil

TotalEnergies has announced the acquisition of Tecoil, a Finnish company known for producing Re-Refined Base Oils (RRBOs). Tecoil operates a facility in Hamina, Finland with a production capacity of 50,000 tons of RRBOs per year. The company's refined oils offer properties comparable to virgin base oils, significantly reducing carbon footprints while meeting performance standards.

Tecoil’s integration into TotalEnergies aims to boost RRBO use in producing high-performance, eco-friendly lubricants. Pierre Duhot from TotalEnergies highlighted the opportunity to enhance their lubricant offerings. Juha Kokko, CEO of Tecoil, sees this as a chance to grow and address customers' new challenges and ambitions.

TotalEnergies, which has 42 lubricant production sites globally, recently introduced a new range of lubricants from premium regenerated base oils, marking a significant step towards sustainability in the sector.