Understanding (MOU) on 12th December 2023 to explore potential business opportunities and collaboration in the re-refined base oil (RRBO) production industry. This collaboration marks a significant step towards sustainable solutions and technological advancements in base oil for the lubricants sector.
PETRONAS, a leading player in the manufacturing and marketing of high-quality base oil, aims to enhance its commitment to sustainability by joining forces with PENTAS, a company specialising in re-refining used motor oil and scheduled waste management.
The MOU outlines the main principles of collaboration, setting the foundation for the Parties to develop and finalise the terms of the collaboration through the execution of definitive agreements. The collaboration will include discussions on the supply, technological development, and production of RRBO.
Commenting on the collaboration, Zahira Sughra Zainuddin, Managing Director of Group Base Oil at PETRONAS Lubricants International said, “This collaboration represents a strategic move towards sustainable practices in our industry. We are excited about the potential to jointly develop innovative solutions for base oil that benefit both parties and contribute to a greener future.”
Oon Kin Seng, Group Executive Director at PENTAS, added, “PENTAS is proud to collaborate with PETRONAS Lubricants International in redefining industry standards for re-refined base oil production. Together, we aim to create a positive impact on the environment and bring about technological advancements in our field.”
The Parties look forward to the successful implementation of this collaboration, contributing to the advancement of sustainable practices in base oil for the lubricants industry.
Pentas Flora is a premier waste management enterprise in Malaysia, boasting a rich legacy of over 12 years. Known as experts in overseeing scheduled waste for its diverse industry clientele, Pentas Flora has established itself as the go-to resource for comprehensive and consolidated waste management services.
Distinguished by a commitment to providing end-to-end solutions for hazardous waste management, Pentas Flora excels in specialized re-refining services. Leveraging more than a decade of expertise, the company transforms waste oil into fuel oil and eco base oil, contributing significantly to the realization of a sustainable and eco-friendly environment on a national scale.
In its mission to create a green future, Pentas Flora has implemented proactive solutions that have successfully recovered a substantial portion of industrial waste across Malaysia. The company’s dedication to environmental stewardship and innovative waste management practices positions Pentas Flora as a key player in advancing sustainability initiatives in the nation – www.pentasflora.com