Huge amounts of used lubricating oils from automotive sources are disposed of as a harmful waste into the environment. The cost and availability of oil and its products will significantly impact our quality of life, the stability of our environment, the health of national economies and even the relationships between nations.
Now-a-days engine oil has become an important factor for automobile and other purposes and since the prices of all petroleum products have gone up, it has become extremely necessary to refine used engine oil which could be reused as original. Engine oil becomes contaminated with foreign material in service. In circulating systems, where a substantial quantity of oil is involved, it is desirable to maintain it as clean as possible to provide maximum working efficiency and to keep wear and damage of lubricated parts to a minimum.
Reconditioning of used oil may be accomplished by a continuous by pass or batch methods or combination of these. In the continuous system the entire amount of the oil from main pressure line is continuously filtered. In the bypass system a fraction of the total is continuously filtered. Lubricating oil are used to reduce friction on our engine, protection against wear and tear, dust, carry away heat and prevent contamination. Over a period of time, properties of lubricating oils are adversely affected by contamination that we tend to prevent such as: soot, water, acids, dirt and fuel. The lubricating oil and grease market in India is of the order of about 4.6 mn tonne and is growing at around 4.5% annually. The moderate growth is paradoxically due to the supply of better quality of lubricants which have longer servicing capability. Therefore it is a good project to invest.
Few Indian Major Players are as under
• Alicid Organic Inds. Ltd.
• Castrol India Ltd.
• Chemoleums Ltd.
• Continental Petroleums Ltd.
• Houghton Hardcastle (I) Ltd.
• Lubrizol India Pvt. Ltd.
• Nandan Petrochem Ltd.
• Nulon India Ltd.
• Paras Lubricants Ltd.
• Sagar Petroleums Pvt. Ltd.
• Savita Polymers Ltd.
• Simpson & Co. Ltd.
• Southern Refineries Ltd.
• Total Lubricants India Ltd.
• Universal Petrochemicals Ltd.
• Valvoline Cummins Pvt. Ltd.
• Velloils Lubricants & Petrochem Ltd.
• Witmans Petrochem Pvt. Ltd.