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Effective URL: https://jobbersworld.com/2024/02/14/blue-tide-environmental-completes-initial-phase-of-state-of-the-art-base-oils-re-refi...
Submission: On April 11 via api from US — Scanned from DE
Effective URL: https://jobbersworld.com/2024/02/14/blue-tide-environmental-completes-initial-phase-of-state-of-the-art-base-oils-re-refi...
Submission: On April 11 via api from US — Scanned from DE
Form analysis
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Text Content
* Home * Lubricant News * Mergers and Acquisitions * About JobbersWorld * Contact Us Menu * Home * Lubricant News * Mergers and Acquisitions * About JobbersWorld * Contact Us JobbersWorld is a Petroleum Trends International, Inc. Publication * Home * Lubricant News * Mergers and Acquisitions * About JobbersWorld * Contact Us Menu * Home * Lubricant News * Mergers and Acquisitions * About JobbersWorld * Contact Us JobbersWorld is a Petroleum Trends International, Inc. Publication JOBBERSWORLD IS THE FIRST AND ONLY INDEPENDENT NEWSLETTER TO FOCUS ON LUBRICANT DISTRIBUTORS. * February 14, 2024 JobbersWorld Reaches Out to Over 10,000 Professionals in the Lubricants Business Click here to learn More or call 732-494-0405 Call 732-494-0405 for Information Search Search BLUE TIDE ENVIRONMENTAL COMPLETES INITIAL PHASE OF STATE-OF-THE-ART BASE OILS RE-REFINING FACILITY Blue Tide Environmental (“Blue Tide”), an environmental company focused on developing a network of used motor oil re-refining facilities across North America and portfolio company of Tailwater Capital LLC, today announced the completion of the first phase of its base oils re-refinery located in Baytown, Texas. The Baytown Facility is undergoing the second phase of a two-step development project alongside its joint venture partner, Pennzoil-Quaker State Company, a subsidiary of Shell plc. The state-of-the-art facility will process 5,000 barrels per day (“BPD”) of used lubricants into high-quality state of the art base oils and other co-products, such as gas oil and asphalt modifiers. The initial phase of the project will produce 4,500 barrels per day (BPD) of high-quality, low-sulfur vacuum gasoil (“VGO”) from UMO feedstock. “We are thrilled to see this cutting-edge facility officially come online, as it marks a pivotal milestone for Blue Tide,” said Mark Bouldin, Chief Executive Officer of Blue Tide. “This project is a testament to our ongoing commitment to create the most sustainable base oils in North America. I want to extend my gratitude to the hard-working members of the Blue Tide team, as well as Tailwater and Shell, whose dedication and expertise helped make this vision a reality.” The second phase of the project is now underway, which includes constructing a hydrotreater at the Baytown Facility to upgrade the VGO into superior-quality Group II+ base oils. The hydrotreater is anticipated to come online in the second quarter of 2024, and Blue Tide will sell VGO and other co-products, while it is being completed. “Today, we celebrate the start-up of the initial phase of Blue Tide’s re-refining facility and are excited to complete the next phase of the project to produce high-performance re-refined base oils made with a lower carbon footprint,” said David Cecere, Partner at Tailwater. “We look forward to continuing our partnership with Blue Tide to support forward-thinking initiatives that drive positive change in the energy sector and contribute to a more sustainable future for us all.” About Blue Tide Environmental Blue Tide Environmental is focused on building and developing a network of used motor oil re-refining facilities across North America and beyond. Headquartered in Plano, Texas, Blue Tide Environmental offers sustainable solutions to the lubricants industry. By paring management’s development and operational expertise with advanced hydroprocessing technology, the company re-refines used motor oil (“UMO”) to produce high-quality paraffinic Group II+ base oils at its Baytown, Texas facility. Blue Tide is a portfolio company of Tailwater Capital LLC, a private equity firm based in Dallas. Visit https://bluetideenv.com/ for more information. About Tailwater Capital Dallas-based Tailwater Capital is an energy and growth infrastructure private equity firm with a well-established track record of working constructively with proven management teams to deliver value-added solutions. Tailwater has raised more than $4.5 billion in committed capital since inception and the team has executed more than 100 transactions representing over $23 billion in value. For more information, visit www.tailwatercapital.com. SOURCE Tailwater Capital PrevPreviousKeller-Heartt Announced as a 2023 Shell Distributor Challenge Award Winner NextTotalEnergies Marketing Canada Extends 5-Year Partnership with Bestbuy Distributors Limited, Expands Operations to Mississauga and Edmonton WarehousesNext 0 0 votes Article Rating Subscribe Notify of new follow-up comments new replies to my comments I allow JobbersWorld to use my email address and send notification about new comments and replies (you can unsubscribe at any time). Label {} [+] Name (Optional) Email* Website (Optional) I agree to the JobbersWorldComment and Moderation Policy. JobbersWorld will hold all comments for moderation before being published and reserves the right to edit, delete, or mark as spam any and all comments as per our Comment and Moderation Policy. Δ Label {} [+] Name (Optional) Email* Website (Optional) I agree to the JobbersWorldComment and Moderation Policy. 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Learn how your comment data is processed. 0 Comments Inline Feedbacks View all comments NEWS ARCHIVES LUBRICANT NEWS CASTROL IS LAUNCHING MORECIRCULAR – A NATIONWIDE PROGRAM FOR BUSINESS CUSTOMERS TO ADVANCE A LOWER-CARBON-FOOTPRINT, MORE CIRCULAR US LUBRICANTS INDUSTRY JOHNSON MATTHEY AND BP TECHNOLOGY CHOSEN FOR THE WORLD’S LARGEST FISCHER TROPSCH SAF PRODUCTION PLANT NESTE AND LOTTE CHEMICAL TEAM UP ON RENEWABLE CHEMICALS AND PLASTICS DAVID WEBER OIL EXPANDS ITS OPERATIONS VIA A MERGER WITH MILES PETROLEUM FUCHS SE AND MERCEDES-BENZ AG ANNOUNCE STRATEGIC BUSINESS PARTNERSHIP TO DRIVE A QUALITY COLLABORATION IN THE AUTOMOTIVE AFTER-SALES LUCAS OIL PREMIUM MOTOR OILS TO HIT SOUTH AMERICAN MARKETS THROUGH VT BATTERIES RELADYNE AND DRIVEN BRANDS EXTEND AGREEMENT FOR DURAMAX SUPPLY AT TAKE 5 OIL CHANGE LOCATIONS FUEL ME SECURES $18 MILLION IN OVERSUBSCRIBED SERIES A TO REDEFINE FUEL PROCUREMENT AS WE KNOW IT CASTROL AND BP SIGN TIMELESS SUPERSTAR SHAH RUKH KHAN AS BRAND AMBASSADOR INFINIUM’S PROJECT PATHFINDER IS WORLD’S FIRST FULLY OPERATIONAL EFUELS FACILITY Click for More Articles MERGERS AND ACQUISITIONS RENEWABLE ENERGY GROUP ACQUIRES NORTHERN CALIFORNIA DISTRIBUTOR DAWSON OIL COMPANY MCDOUGALL ENERGY INC. 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