Regen Iii (Tsxv:Giii)

ReGen III is a cleantech company commercializing its patented ReGen™ technology to upcycle used motor oil (“UMO”) into high-value Group III base oils, used in the production of synthetic-grade lubricants. With a focus on creating sustainable solutions that generate better environmental outcomes and compelling economics, the Company’s ReGen™ process is expected to reduce CO2e emissions by 82% as compared to virgin crude derived base oils combusted at end of life. In 2022, ReGen III completed FEL2 and value engineering for the Company’s 5,600 bpd UMO Texas recycling facility, where world-class engineering, construction and licensed vendor teams – including Koch Project Solutions, LLC, PCL Industrial Management Ltd., Koch Modular Process Systems and Duke Technologies – are providing detailed design, construction, commissioning, and start-up services. Operating in an underserved segment of the base oil market, ReGen III aims to become the world’s largest producer of sustainable Group III base oil. -----//----- Links to third-party articles and/or websites are for general information purposes only and do not constitute any offer or solicitation to buy or sell any services or products of any kind.