A Brazilian waste transformation company, Lwart Soluções Ambientais, increases its re-refining capacity by 50% with a billion-dollar investment, aiming to become a global leader.
Lwart Soluções Ambientais, a pioneer in ecological solutions, is dedicated to a significant investment of R$1 billion in Lençóis Paulista (SP). This strategic move aims to boost the re-refining capacity of used or contaminated lubricating oil from 240 million to 360 million liters per year. By 2025, the initiative will put Lwart on the map as the second largest global re-refinery.
Reducing dependence on imports
With the expansion, Lwart not only improves the management of lubricating oil collected throughout Brazil but also boosts the internal production of high-performance Group II base oil. The President of Lwart, Thiago Trecenti, highlights the relevance of the project, highlighting that it symbolizes “high technology transforming waste into superior quality oil, reducing dependence on imports“, as Brazil is not yet self-sufficient in this category of oil.
Commitment to sustainability
Used or contaminated lubricating oil, better known as OLUC, poses a serious environmental threat if improperly disposed of. Fortunately, Brazilian legislation recognizes re-refining as the only sustainable solution for this waste, transforming it into base oil for new lubricants. Lwart's approach is exemplary in this area, demonstrating a circular economy in action.
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Trecenti adds: “The ESG agenda on the global stage increases the demand for the solutions that Lwart offers, which has always been rooted in the concept of sustainability.”
Boost in the economy and energy self-sufficiency
The construction of the new unit promises to create up to 1.200 jobs, with a further 400 direct jobs expected upon completion. Furthermore, a significant fraction of the investment is allocated to an innovative steam and electricity generation system powered by biomass. This initiative will allow Lwart to achieve energy self-sufficiency, ensuring a more efficient and ecological operation for both factories.
In conclusion, with this billion-dollar investment, Lwart Soluções Ambientais not only reaffirms its commitment to sustainability, but also positions itself as a global leader in the transformation of waste, boosting the economy and promoting ecological practices.
Source: Felipe Rariz