India's Nationwide Used Oil Recycling Initiative
Sector: Chemical (Industrial) • Location: India
Source: Chemical Industry Digest
Re Sustainability and Indian Oil Corporation Limited have signed an MoU to establish India's first structured, nationwide initiative for the collection and recycling of used lubricating oil. The initiative aims to build a circular ecosystem for lubricant management, reduce dependence on virgin crude-derived base oils, conserve natural resources, and lower foreign exchange outflows. A dedicated Spe
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Re Sustainability and Indian Oil Corporation Limited have signed an MoU to establish India's first structured, nationwide initiative for the collection and recycling of used lubricating oil. The initiative aims to build a circular ecosystem for lubricant management, reduce dependence on virgin crude-derived base oils, conserve natural resources, and lower foreign exchange outflows. A dedicated Special Purpose Vehicle (SPV) will be established to develop a nationwide reverse logistics network for used oil collection and support advanced re-refining infrastructure. The project also includes recovery and recycling of plastic lubricant containers in alignment with India's Extended Producer Responsibility (EPR) regulations. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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Article Published Date | Obfuscated Data |
