This press release was jointly issued by Aster and Puraglobe.

 

Aster Chemicals and Energy Pte. Ltd. (Aster) and Puraglobe Germany GmbH (Puraglobe) have signed a Memorandum of Understanding (MOU) to jointly explore the development of a Re-Refined Base Oil (RRBO) processing facility in Singapore - turning used motor oil into high-performance Group II/III/III+ base oils. These base oils are the invisible foundation of modern industrial life found in every car engine oil, jet engine lubricant, wind turbine gearbox, electric vehicle thermal fluid, and precision industrial machine.

The MOU activates a structured collaboration between two companies whose combined strengths - Puraglobe's globally exclusive re-refining technology and Aster's operational and commercial platform in Asia - make Singapore the launchpad for what would be the first such facility outside of Germany.

At its core, Project PURANOVA is about industrial precision: taking used motor oil, underutilized and largely wasted across Asia, and re-engineering it into base oils molecularly identical to virgin Group III/III+ products. Puraglobe’s proprietary HyLube and HyRes technologies enable a sustainable business model at industrial scale, no comparable high-volume facility exists outside of Germany today.