TotalEnergies Acquires Tecoil, Finnish Re-Refined Base Oils Producer
July 1, 2024
TotalEnergies has acquired Tecoil, a Finnish specialist in re-refined base oils (RRBOs) that operates a 50,000 ton-per-year facility in Hamina, Finland. The acquisition will accelerate the use of regenerated base oils in TotalEnergies’ high-end lubricants, enhancing circularity and lowering carbon footprint across its automotive, industrial and marine lubricant offerings.
- Buyers
- TotalEnergies
- Targets
- Tecoil
- Industry
- Energy
- Location
- Kymenlaakso, Finland
- Transaction Type
- Buyout
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