Alberta is the proposed location for ReGen III’s secondary project, after the USGC. The proposed facility will process 2,800 bpd of used motor oil into Group III and Group II+ base oils.
ReGen III reviewed several potential development sites in Alberta and has narrowed these down to a short-list, based on the criteria of existing and supportive infrastructure and suitable property purchase costs and/or lease rates.
ReGen III is currently sourcing project financing.
ReGen III is projecting an Alberta Facility could be operational and running at full capacity 18 months after the requisite financing is obtained.