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.