Bulgarian Motor Oils Producer Launches Construction of Plant in Ukraine
Friday, 18 October 2013
Prista Recycling, part of Bulgarian motor oils and industrial lubricants producer Prista Oil, has launched the construction of a used motor oil recycling plant in Ukraine.
The plant, to be located in the town of Borodyanka, will have two technological modules, requiring an investment of $25 million (18.3 million euro) each, a tank farm, and a trestle for raw materials and output, worth $10 million, the company said in a press release.
The plant would be constructed and equipped with a U.S. patented green technology offered by Sequoia Energy & Environment PVT. Each of the two modules will have a processing capacity of 40,000 millions of tonnes a year.