en.Wedoany.com Reported - Aster Chemicals and Energy Pte. Ltd. and Puraglobe Germany GmbH have recently signed a Memorandum of Understanding, planning to jointly build a used oil re-refining base oil production facility in Singapore. This facility will convert used oil into high-performance Group II, Group III, and Group III+ base oils. These base oils are widely used in automotive engine oils, jet engine lubricants, wind turbine gearboxes, electric vehicle thermal management fluids, and precision industrial machinery, among other fields.
The MoU initiates deep collaboration between the two companies: Puraglobe will provide its proprietary re-refining technology, while Aster possesses a mature operational and commercial platform in Asia. Singapore will be the first overseas location for this facility, and the first of its kind outside Germany.
The two parties have named the project "PURANOVA," with its core lying in industrial-scale refining—reprocessing used oil, which has long been underutilized or even wasted in the Asian region, through technical means into base oils whose molecular structure is completely identical to virgin Group III/Group III+ base oils. Puraglobe's proprietary HyLube and HyRes technologies make this business model industrially sustainable. Currently, no high-capacity facility of comparable scale exists outside Germany globally.
Dr. Alois Virag, CEO of Puraglobe, stated: "Over three decades, Puraglobe has proven that used oil is not waste, but a premium raw material waiting to be developed. We have mature operational experience with three process lines in Germany, established global offtake relationships with major lubricant manufacturers, and technology that has been continuously optimized since its first commercial deployment in 2004. Singapore is the ideal base to bring this concept to Asia. We have found a partner in Aster that understands the industrial rigor required by this technology and the commensurate commercial ambition, and also grasps the true meaning of investing in the future energy system."
Andre Khor, Deputy CEO of Aster, stated: "Aster is rooted in Singapore's deep oil refining tradition, but we have never been content with just preserving the status quo. The partnership with Puraglobe is a deliberate move towards advanced, high-value-added manufacturing, which precisely defines the direction of Singapore's next phase of industrial development. Through this MoU, both parties will advance a joint feasibility study, exploring the use of Aster's site on Pulau Bukom as a potential location, assessing technology integration, feedstock supply, site configuration, and the overall economics of bringing this capability to market."
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