In a bid to organise India’s waste oil disposal system and increase the re-refining rate, Shell launched a used oil management service as a part of its overall commitment to achieving net-zero emissions by 2050.
As part of the initiative, the oil company has partnered with used oil re-refiners to initiate the collection and re-refining of used oil on a pan-India basis, a press release from the company said.
The service aims to create an ecosystem for transitioning used oil disposal, acknowledged as the biggest challenge in promoting circularity in the industry, to a formal setup. The company plans to strengthen its network of partners to further scale up the initiative in the coming years. Additionally, it intends to create awareness about best practices for waste oil management and help set standards for RRBO in collaboration with refiners and industrial partners, the release said.
Mansi Tripathy, Vice President, Shell Lubricants Asia Pacific, said that the company aims to play a pivotal role in embedding a circular economy in lubricants and see a high growth potential for this service to reduce waste and thereby reduce overall emissions. “We will continue to seek opportunities to support our customers in reducing their emissions via our products and services,” she said.
Debanjali Sengupta, Country Head, Shell Lubricants India, said that this initiative reinforces the value and will help support its customers with a more holistic value proposition that goes beyond lubricants.
The company noted thatused oil has been categorised as hazardous waste and contains harmful metals. Without proper disposal procedures in place, 50% of all lubricants end up in the environment.