Why Should Bangladesh Stop Importing Recycled Base Oil?

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Recycled base oil
Why should we stop importing recycled base oil

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Our existing lubricants oil blending plants use virgin base oil as raw material for their production. However, due to lower prices of ground oils, compared to virgin base oil, Bangladeshi importers are encouraged to import it at the private level.

But, the use of recycled base oil is harmful for the lifetime of the vehicle engine and other industrial mercenaries. Only for the low prices, these least quality lubricants have been swayed by the market.

Mechanical experts say that there is limited scope for the customers to know about the quality of lubricants. Again, the use of recycled base oil for blending purposes is not fit for the valuable machinery of the vehicles and industrial plants.

It also increases the user’s maintenance cost. Simultaneously, due to the use of these lower-substandard lubricants, a huge amount of investment in the machinery and equipment is being wasted. It is also a threat to the environment and public health.

According to the Bangladesh Lube Blenders Association, the annual demand of lube oil is about 1,60,000 tones. Besides, under the public and private sector, the production capacity of 18 lube plants is about 2,00,000 tones. At this moment, there is no such demand to fulfil the domestic need where we need to import recycled base oil.

According to the registration of the Bangladesh Road Transport Authority (BRTA), there are more than 32 lakh petrol and diesel-powered cars in the country.

Recent statistics of investment-related institutions and Bangladesh Bank says, about 45 lakh units of small-medium and large-scale industrial units are coming to the country.

Besides, different small-medium and large-scale machinery are being made locally. To keep these instruments active, both quality lubricant oil and the use virgin base oil is necessary.

In this context, a leader, on behalf of the association, told us that it is necessary to stop the import of recycled base oil to protect the domestic blending plants as well as to keep the lifespan of vehicles and factories.

The import of recycled base oil may threaten the big investment of the domestic lube plants.

Bangladesh Petroleum Corporation (BPC) has proposed to ban the import of recycled base oil.

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