The partnership involves offering 'Oil as a service'
through the integration of the SKF RecondOil offer with Castrol's
metalworking lubricants, enabling circular use of the lubricant
fluid, reducing consumption while improving machine
performance.
GOTHENBURG, Sweden, Dec. 7, 2022
/PRNewswire/ -- SKF continues to expand its RecondOil offer through
a partnership agreement 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.
SKFs 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.
Thomas Fröst, President, Independent and Emerging Businesses,
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."
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."
The combined service will be offered through fee- and
performance-based contracts, initially targeting the metalworking
industry.
Aktiebolaget SKF (publ)
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.
About Castrol
Castrol, one of the world's leading lubricant brands, has a
proud heritage of innovation and fuelling the dreams of pioneers.
Our passion for performance, combined with a philosophy of working
in partnership, has enabled Castrol to develop lubricants and
greases that have been at the heart of numerous technological feats
on land, air, sea, and space for over 100 years.
Today, Castrol is helping drive sustainability with
our Path360 strategy that sets out aims for 2030 to save
waste, reduce carbon and improve lives. Castrol is part of the BP
group and serves customers and consumers in the automotive, marine,
industrial and energy sectors. Our branded products are recognized
globally for innovation and high performance through our commitment
to premium quality and cutting-edge technology.
To find out more about Castrol please
visit www.castrol.com or
contact bppress@bp.com.
Contact:
Theo
Kjellberg, Press Relations Director
+46 31 337 65 76
theo.kjellberg@skf.com
The following files are available for download:
https://mb.cision.com/Main/637/3678850/1720696.pdf
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20221207 SKF and
Castrol partner to offer access to circular use of industrial
lubricants
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SOURCE SKF