INTRODUCING ‘OIL AS A SERVICE’
- Castrol and SKF’s partnership will see them offer ‘Oil as a Service’ through the integration of SKF’s RecondOil offer with Castrol’s metalworking lubricants to recondition used fluids.
- This enables re-use/circular use of the lubricant fluid, reducing consumption while improving machine performance
- The combined service will initially focus on the metalworking industry
Gothenburg, Sweden 7 December 2022 – SKF continues to expand its RecondOil offer through a partnership with Castrol, one of the world’s leading lubricant brands. The partnership will enable Castrol industrial customers to use integrated RecondOil Double Separation Technology (DST) systems.
SKF’s RecondOil Double Separation Technology (DST) can be used in neat oil manufacturing processes. It reconditions used fluids and recirculates them back into the metalworking process, reducing consumption and handling of the oil, while improving machine performance in the process.
Kamuran Yazganoglu, Vice President Industrial, Marine and Energy at Castrol says:
We are committed to helping customers save waste, reduce carbon and improve people’s lives, our partnership with SKF RecondOil is a great example of how collaboration can further support customers to deliver on their sustainability goals.
Thomas Fröst, President, Independent andEmerging Businesses at SKF, says:
We recognise the importance of circularity within industrial processes, and our partnership with Castrol is another step towards making this a reality. By combining SKF RecondOil and Castrol lubrication fluid technology, we can offer ‘Oil as a Service’ solutions that help reduce waste, save energy and improve manufacturing processes.
The combined service will be offered through fee- and performance-based contracts, initially targeting the metalworking industry.
To find out more about Castrol please visit www.castrol.com or contact firstname.lastname@example.org.
SKF’s mission is to be the undisputed leader in the bearing business. We do this by offering solutions that reduce friction and CO2 emissions, whilst at the same time increasing machine uptime and performance. Our products and services around the rotating shaft, include bearings, seals, lubrication management, artificial intelligence and wireless condition monitoring. SKF is represented in more than 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2020 were SEK 74,852 million and the number of employees was 40,963. www.skf.com
® SKF is a registered trademark of the SKF Group.