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البحـث الأول
مجلة النفط والتعاون العربي
161
العدد
- 2017
أربعون
المجلد الثالث و ال
2016
أوابك العلمية لعام
�
ص لبحوث العلمية الفائزة بجائزة
�
عدد خا
91
1-
The problem of stigma and hesitation of consumers will not go away
easily. A recycled product is in their mind inferior and thus it suffers a price
reduction in the market. In well-developed markets, this can be avoided by
obtaining relevant certification from authorised bodies such as API. But
this is a high cost for the re-refiner. While such a certificate may cost half
a million dollar
1
, the six months test period makes the re-refiner discount
the price of his product or stockpile it at additional cost that may reach $2
million
1
.
2-
In any country or region, economics stress the need to size the re-refining
plant to be flexibly compatible with the size of the collection system to
avoid over or under capacity. Over capacity reduces the efficiency of
investment while under capacity may leave feedstock to competitors in the
industrial fuel sector. The strong buying power of heavy industries gives
them advantage against re-refiners.
3-
In the majority of cases, a re-refining project needs the support of
governments through regulations and subsidy. The subsidy can either be
direct or through taxation on the consumed lubricants and the tax returns
goes to collectors and re-refiners. Governments should also give priority to
re-refined lubricants whenever their grade is approved.
4-
The re-refining industry must contend itself with the availability of
surplus base stock capacity
78
in the world and therefore, its expansion
should be directed to solve environmental problems and the needs of
individual countries or regional groups if cross border trade in used oil is
allowed.
80
likely to give better and more encouraging economic results. At the same time
the analysis may be extended to 15 or 20 years and this also will give better
economic returns.
Notes for Economic Consideration: