by Suzanne Kingsbury | Sep 3, 2024 | Environment
This summer, as Olympians competed in Paris, Renkert Oil earned a medal of our own. In July we officially earned a bronze rating from Ecovadis, putting us in the top 35% of all rated companies. This is based on a detailed scorecard tracking Renkert’s sustainability...
by Suzanne Kingsbury | Jul 15, 2024 | Environment
Process oils are important in the production of a variety of products from tires to textiles to thermoplastic elastomers. And recycled, re-refined oil is poised to make a huge impact on the entire industry. Valued at $73 billion in 2023, by 2029 the market for...
by Jim Donohue | Aug 15, 2023 | Product Applications, Supply Security
Demand for bio-based oil has quietly accelerated in recent years, driven by a rapidly growing market for bio-based thermoplastic elastomers (TPEs). Valued at about $513M in 2023, the market is expected to grow at an astonishing 14 percent CAGR (compound annual growth...
by jim newell | May 1, 2023 | Environment, Safety
Consumer demand for eco-friendly products is driving tremendous growth in the waste oil recycling industry. The waste oil market was valued at nearly $67B in 2022 and is projected to surpass $93B by 2028, at a strong CAGR (compound annual growth rate) of 6.02 percent....
