Italy EU excellence in the used mineral oil supply chain, from harvesting to regeneration, thanks to the experience of Conou. Here are the numbers: compared to the average released for consumption in the European market in a year of over 4.3 million tons of virgin lubricating oil, the collectible waste oil is about 2 million and 100 thousand tons (equal to 48 %) while the harvest reaches 1 million and 730 thousand tons (equal to 88% of the collectable, while in Italy it is 99%).
In Europe, 1 million and 50 thousand tons of waste are being regenerated, equal to 60% of the harvest, while in Italy this ratio reaches about 98-99%. Finally, the regenerated lubricating bases produced in the European Union are equivalent to 600 thousand tons, with a yield of 57% compared to 65% of our supply chain.
“We are excellence and I believe that this excellence is also an example, a paradigm. Why if we want to win the climate battle we must move towards a widespread circular economy. The climate battle is won by recovering resources from waste. Conou is a successful example, “he tells Adnkronos Riccardo Piunti, new president of the Consortium.