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Blue Tide & Shell Lubricants Complete Re-Refining Facility to Develop High-performance Lubricants [Yahoo! Finance]

Devon Energy Corporation (DVN) 
Last devon energy corporation earnings: 2/18 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
developing a network of used motor oil ("UMO") re-refining facilities across North America and a portfolio company of Tailwater Capital LLC, today announced the completion of Blue Tide's world-scale re-refining facility in Baytown, Texas ("Baytown Facility"). "This achievement underscores the incredible teamwork and vision of our dedicated team," said Terry McHugh , CEO of Blue Tide. "We are proud to contribute to a circular economy by delivering innovative, sustainable solutions that transform used lubricants into clean, high-performance base oils, reducing waste and promoting resource efficiency." The fully operational Baytown Facility features one of the largest hydrotreaters in the re-refining industry, enabling Blue Tide to produce and sell high-quality Group II+ base oils. This UMO processing facility delivers high performance base oils at a lower carbon footprint compared to traditional Group II+ base oils. "Completing the Baytown Facility is a significant milestone in ou Show less Read more
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