Pacific Eco Refining will re-refine contaminated transformer oil to produce high grade transformer oil and also supply clean transformer oil for decontaminating electricity industry transformers before their disposal.
The technology behind Pacific Eco Refining is exclusively operated in Asia through the 50:50 Kobelco Eco – Hydrodec technology company, Hydrotek-Eco Japan.
The technology has received approval from the Japanese Ministry of Environment for the treatment of polychlorinated biphenyl (PCB)contaminated waste oil.
Through the new JV company, the parties will now work on plans to secure finance to construct and operate its first re-refining plant in Japan by late 2012.
Precious crude oil reserves can be saved through the application of the technology, which also creates large savings in CO2 emissions and does not have any by-product emissions.
In March 2010, Hydrodec and Kobelco formed a strategic alliance to exploit Hydrodec’s technology including re-refining PCB contaminated transformer oil, in Japan and other major Asian territories.
Kobelco and Hydrodec plan jointly to establish PCB-contaminated transformer oil refining operations in several locations in Japan and Asia in line with the Stockholm convention on persistent organic pollutants.
