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Puralube collects and recycles used oils and lubricants into Group III base oils and advanced lubricants.
Founded in 2004 in the US, Puralube recycles used oils and lubricants into sustainable Group III/III+ base oils using Honeywell UOP HyLube and HyLubeSAT technologies, for motor oil, plastics and electric vehicle fluid applications. It sells to automotive manufacturers and lubricant distributors on bulk and long-term contracts. Centre Lane Partners acquired the company from Perseus in December 2014. Its Series A raised USD 25.00 mn from investors including Perseus and Safeguard International.
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