Ecoslops News

French multinational integrated oil and gas company Total S.A. has signed an agreement with Ecoslops S.A. that gives the oil major a 25% interest in its affiliate Ecoslops Provence.Ecoslops Provence is building a unit to regenerate oil residues at Total’s La Mède complex. The new facility is scheduled to come on stream in late 2019.Total is providing Ecoslops Provence with access to existing infrastructure and the services and utilities the unit needs to operate.“Thanks to our partnership with Total, we’ve been able to maximize the synergies between our activities and make our move into the Marseille region much simpler and less expensive…

Ecoslops, the producer of recycled marine fuels from oil residues, and Suez Canal Economic Zone signed a new agreement, further to the signature of an agreement for a detailed feasibility study in January 2018.A press release said that the firms take another step towards the implementation of a collection, reception and treatment unit of maritime oil wastes, under the auspices of the French and Egyptian governments and on the occasion of the State visit of President Macron in Cairo.The new agreement, based on the positive outcomes of the feasibility study, foresees in 2019 the finalisation of the technical studies and the development…

Ecoslops announces that it has made further progress in its project to expand in Egypt by signing a Memorandum of Understanding (MoU) with the Suez Canal Economic Zone for the development of a detailed feasibility study. The potential for recovering oil residues transiting the Suez Canal is estimated at more than 40,000 tonnes per year, based on 18,000 passages and 7,000 ports of call. Egypt also has important world-class ports like Alexandria, generating more than 5,000 calls a year, which also have significant potential for waste generation. Based on this, and in continuation with the Letter of Intent signed in March 2017 with SSCO…

Ecoslops, an innovative technology company that upgrades ship-generated hydrocarbon residues, or “slops”, into valuable new fuels and light bitumen,  has  announced the formal application to the French competent authorities for an authorization to operate an oil residue waste-processing unit at La Mède, near Marseilles in partnership with Total group. Within this partnership, in which Ecoslops will get a majority stake, and as soon as a unique authorization is given (building and operation permits), the building of a micro-refinery unit with a 30,000 tons per year capacity should start mid 2018. This unit should be operational by the end of 2018.

Ecoslops, an innovative technology company that upgrades ship-generated hydrocarbon residues into valuable new fuels and light bitumen,  announced key achievements for the first half of 2017. Ecoslops has confirmed the excellent performance of the first industrial micro-refinery unit (P2R) in the Port of Sines, Portugal and the strong growth dynamics of its production. Production doubled, from 6,050 tonnes to 12,200 during the same period last year and sales in tonnes amounted to 9,700, vs. 3,700 in H1 2016. The quality of the process is still very high, with 98% of waste products regenerated into refined products. Measures taken to reduce costs have been effective during the period…

Ecoslops, a company that upgrades ship-generated hydrocarbon residues, or “slops”, into valuable new fuels and light bitumen, said is has signed an agreement with TOTAL Group to set up a maritime transport induced oil residue waste-processing unit at La Mède, near Marseilles in the Bouches-du-Rhône. The agreement comes after the completion of technical and commercial studies, which commenced last year and were announced as a Memorandum of Understanding (MOU) in September 2016. ECOSLOPS will build and operate the micro-refinery in La Mède, while TOTAL will provide services and all necessary utilities. The valuable commercial products (new fuels and light bitumen) produced by the unit will be sold on local or international markets.

ECOSLOPS an innovative technology company that upgrades ship-generated hydrocarbon residues (slops) into valuable distillates and light bitumen, has announced the signing of a long-term XFO (light bitumen) supply contract with SOPREMA. SOPREMA is the European leader in the bituminous membrane market for the isolation industry and had a 2.13 bn€ turnover in 2015 with more than 6,260 employees in 40 plants. Commenting on the development, Vincent Favier, CEO, ECOSLOPS, said,  "We have worked with SOPREMA since our first plant in the Port of Sinès opened, and the agreement of this contract marks a major step for ECOSLOPS. This partnership reflects not only the quality of our products, but also the trust that has been built between our companies.

Ecoslops, the first company to develop a technology to sustainably produce marine fuels from refined marine oil residues (‘slops’), has announced the successful issuance of ORNANE convertible bonds for the nominal value of €5.5 million. Following the commercial validation of its first micro-refining plant in the Port of Sinès, Portugal, the additional capital will be used to accelerate the development of new projects, while continuing to ramp up the initial operation to full capacity by the end of 2016. Vincent Favier, CEO, Ecoslops, said,  “Our micro-refinery in the Port of Sinès has shown its capability to transform 98% of hydrocarbon residue into marketable and certified products, exceeding expectations.

Ecoslops has signed a Letter of Intent (LOI) with Grup Servicii Petroliere (GSP), a leading offshore drilling and construction company, to conduct a feasibility study for the development of an oil residues processing plant in the Romanian Port of Constanta, on the Black Sea. Ecoslops is the first company to develop technology to produce recycled marine fuels from marine oil residues (slops). "The Port of Constanta is ideally located, and GSP is the ideal partner to collaborate with on the development of this significant project, given their wealth of industrial experience and in-depth knowledge of the region,” he added. Ecoslops has just signed a Letter of Intent with Grup Servicii Petroliere (GSP)…

Ecoslops, the first company to develop technology to produce recycled marine fuels from marine oil residues (slops), has announced its first sale of light bitumen. Vincent Favier, CEO of Ecoslops, said:  “Following our initial sale of marine fuel, the first sale of light bitumen shows our plant in the Port of Sinès has the capacity to recycle and upcycle over 98 percent of the oil residue we collect, and our ability to meet the requirements of our end clients. This latest step bodes well for our future sales development. Ecoslops has just carried out its first sales of light bitumen (XFO), the heaviest cut of its production. The bitumen presents excellent technical characteristics for companies involved in waterproof and insulating cladding, such as the building and construction markets.

Press release - Ecoslops, the first company to develop technology to produce recycled marine fuels from marine oil residues (‘slops’), has announced that it has sold its first volume of marine fuel, as well as importing a new shipment of slops to its refinery at the Port of Sinès in Portugal. Following the commencement of industrial production, Ecoslops sold 1,000 tonnes of Marine Diesel Oil (MDO), compliant with ISO 8217 standards, at market price, to a European bunker operator. After the initial import of a shipment of 3,200 tonnes of slops from Northern Europe, the company has also imported a second shipment of 3,000 tonnes, further ramping up its refinery operations.

Ecoslops' refinery in the Port of Sinès, Portugal, has commenced industrial production and delivered the first volume of marine fuel products compliant with ISO8217, validating the company’s commercial proposition, the company announced today. Ecoslops has also made two senior appointments, further developing its global infrastructure, including new facilities. In the third quarter of 2015, 3,200 metric tons of slops were imported from Northern Europe, in conjunction with slops collected in the port, mainly at the oil terminal and from MSC, the leading global container shipping company.