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TotalEnergies acquires Finnish regeneration specialist

TotalEnergies acquires Finnish regeneration specialist

TotalEnergies has acquired Tecoil, a Finnish company specialising in the production of Re-Refined Base Oils (RRBOs), which has the most efficient used oil regeneration process on the market today. 

Tecoil currently operates a production facility of 50 000 tonnes of RRBOs per year in eastern Finland. Tecoil has developed its own circular economy network for collecting used lubricants in Europe, and supplying its plant.

Through a process known as ‘re-refining’, optimised by Tecoil, used oils are treated to give them properties comparable to the best virgin base oils. These high-quality base oils are used to make lubricants that meet new customer demand for circularity and sustainability. 

They significantly reduce
the lubricants’ carbon footprint, while delivering the level of performance expected and approved by many car manufacturers.

“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’ recognised expertise in the production and distribution of lubricants,” said Pierre Duhot, senior vice president of Lubricants and Specialties at TotalEnergies.

“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,” said Juha Kokko, CEO of Tecoil.

TotalEnergies operates 42 lubricant production sites worldwide, and is a partner of choice for players in the automotive, industrial and marine markets.

The company produces and markets oil and biofuels, natural gas and green gases, renewables and electricity, and has a staff complement of more than 100 000 employees.