Shell, the world's largest lubricant manufacturer, introduced a used oil management service on Wednesday, as part of a new push to organize India's waste oil disposal system and boost the rate of re-refining in order to accomplish circular economy goals while minimizing waste. According to a press release, this is part of Shell's broader aim to reach net-zero emissions by 2050.
Shell intends to expand its network of partners in order to scale up the program in the future years. The service intends to establish an environment for formalizing spent oil disposal, which is widely considered as the most difficult barrier in fostering circularity in the sector. Shell seeks to raise awareness about best practices for waste oil management and contribute to the establishment of Rouge River Bird Observatory (RRBO) standards in partnership with re refiners and industrial partners.
The used oil management service is the most recent example of how we are leading the process of decreasing waste while also addressing the industry's greater environmental footprint in India. We intend to play a crucial role in integrating the circular economy into lubricants, and we anticipate a significant development potential for this service to minimize waste and, as a result, our overall emissions. We will continue to look for ways to help our clients reduce emissions through our products and services, said Mansi Tripathy, Vice President, Shell Lubricants Asia Pacific.
Used oil is classified as hazardous waste because it contains dangerous metals. One million liters of freshwater can be contaminated by one liter of old oil. If suitable disposal processes are not in place, half of all lubricants end up in the environment. Every year, India generates about 1.3 million tones of wasted oil. However, only around 15% gets re-refined. Used lubricating oil is a hazardous waste that is disposed of in a variety of ways, with gasoline being the most frequent in India. The combustion of old oil produces toxic gas pollutants, raising health and safety concerns.
According to the corporation, re-refining spent oil will aid in the conservation of natural resources and the reduction of emissions associated with the end-of-life of lubricants, hence assisting India in meeting its carbon neutral objectives.
At the heart of our company strategy is the desire to be a solutions-driven, customer centric corporation. This effort supports that value and allows us to provide a more comprehensive value proposition to our clients that extends beyond lubricants. Even more crucial, we now have the potential to take the first step toward a circular economy, said Debanjali Sengupta, Country Head of Shell Lubricants India.
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