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ReGen III Corp V.GIII

Alternate Symbol(s):  ISRJF

ReGen III Corp. is a Canada-based cleantech company commercializing its ReGen, patented technology to recycle used motor oil (UMO) into high-value Group III base oils. The ReGen technology is designed to produce the highest quantity of high base lubricating oils of any re-refining process. Its ReGen technology, produces a 53% yield of Group III, which is a high yield base lubricating oils in the industry. The Company is also focused on developing its brownfield re-refinery in Texas City, Texas (Texas Facility). Its projects include Texas and Alberta. It is also engaged in Koch Project Solutions, LLC (KPS) to provide project execution management services up to turnkey delivery of the proposed Texas Facility. The Company is focused on building or enhancing UMO re-refineries and licensing its intellectual property to third parties around the world. Its first ReGen facility is in the site selection and negotiation phase in the United States Gulf Coast.


TSXV:GIII - Post by User

Post by pearlsinESGon Jan 15, 2021 4:26am
148 Views
Post# 32304054

Q1 2021 Outlook for US Base Oils

Q1 2021 Outlook for US Base OilsGroup III

Group III tightness will continue as refinery rates stay reduced to manage fuels supplies. Firm pricing could drive buying activity in January, especially as finished lubricants prices are expected to rise later in the month. Global demand will remain strong, keeping balances tight.

Demand typically picks up in Q1. However, it remained unusually strong in Q4, so it is unclear if any uptick will be notably different. Demand ahead of finished lubricant increases is likely.


https://www.icis.com/explore/commodities/energy/base-oils-lubes/us/
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