Texas City Project

Flagship project

Large scale

De-risked

Strategic location

World-class partners

Project Overview

ReGen III is advancing a 5,600 barrels-per-day greenfield project in Texas City, TX, that positions the Company as North America’s largest Group III re-refiner and the continent’s second-largest producer of Group III base oils.

Highlights

• Located in Texas City, Texas, USA, in the Greater Houston area
• Close proximity to UMO feedstock
• Excellent logistics connectivity to customers – including highway, rail, barge and deep-water access
• Access to all major utilities, including off-site water treatment to reduce infrastructure footprint and capital costs
• Front-End Engineering and Design advanced with Class III cost estimate prepared
• Investment financing underway through Export Development Canada (EDC) and the United States Department of Energy (DOE) Loan Programs Office (LPO)