TotalEnergies Acquires Tecoil to Propel Circular Economy for Lubricants in Europe

Monday, 1 July 2024, 06:20

In a strategic move, TotalEnergies strengthens its commitment to sustainability by acquiring Tecoil, a specialist in lubricant used oil regeneration. This acquisition signals a significant push towards a more eco-friendly approach within the lubricants industry. By integrating Tecoil's expertise, TotalEnergies aims to promote the circular economy model by reusing and regenerating lubricant oils, reducing waste and environmental impact. This latest development underscores TotalEnergies' dedication to driving innovation and environmental responsibility in the European market.
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TotalEnergies Acquires Tecoil to Propel Circular Economy for Lubricants in Europe

TotalEnergies Enhances Sustainability Efforts

In a notable move, TotalEnergies has acquired Tecoil, a leading player in lubricant used oil regeneration, to bolster its environmental initiatives. This acquisition underscores TotalEnergies' commitment to advancing sustainability within the lubricants sector.

Advancing Circular Economy Practices

TotalEnergies' acquisition of Tecoil signifies a pivotal step toward a more sustainable and eco-friendly circular economy model for lubricants in Europe. By reusing and regenerating lubricant oils, the company aims to minimize waste and promote environmental conservation.

Emphasizing Innovation and Eco-Responsibility

This strategic move underscores TotalEnergies' dedication to driving innovation and environmental responsibility in Europe's lubricants market. By integrating Tecoil's specialized capabilities, the company aims to lead the industry in sustainable practices and reduce its carbon footprint.


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