DALLAS, February 14, 2024
Blue Tide Environmental (“Blue Tide”), an environmental company focused on developing a network of used motor oil (“UMO”) re-refining facilities across North America and portfolio company of Tailwater Capital LLC (“Tailwater”), today announced the completion of the first phase of its base oils re-refinery located in Baytown, Texas (“Baytown Facility”).
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 (“Shell”).
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.
Click the link below to read the full press release
