Business Atlas

How Enterprise Is Built
Sign In
Text size
100%
Theme
Products and Services

Automotive oil recycling

Industrials

Automotive oil recycling is the reprocessing of used oils from vehicles and hydraulic systems into new products. Recycled motor oil can be burned as fuel in industrial settings, or it can be re-refined, a process that removes chemical impurities, heavy metals and dirt so the oil approaches near-new condition while keeping its lubricating properties. The practice is driven largely by environmental protection: a single gallon of motor oil dumped into waterways can pollute as much as one million gallons of water. Accessible recycling options reduce the chance that used oil is disposed of improperly on land or in water, protecting ecosystems and water supplies while also conserving the resource. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/

Facts
Classification
Sector (GICS)
Industrials 1
Offering Kind
Service 1
Sources
1. Automotive oil recycling - Wikipedia
  • Introduction, GICS sector classification
    Automotive oil recycling involves the recycling of used oils and the creation of new products from the recycled oils, and includes the recycling of motor oil and hydraulic oil.
  • Introduction, offering kind classification
    Automotive oil recycling involves the recycling of used oils and the creation of new products from the recycled oils, and includes the recycling of motor oil and hydraulic oil.
View the Source
Comments (0)
No comments yet. Be the first to share a thought.
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.