SKF has partnered with industrial process fluids provider Quaker Houghton to help customers achieve circular use of industrial oil.
The partnership will combine Quaker Houghton’s industrial oils and application expertise with SKF RecondOil’s Double Separation Technology (DST) to enable the industry to utilise its resources more efficiently by reducing the unsustainable linear of use of oil.
The circular use of oil will also help reduce CO2 emissions, lessen the amount of neat cutting oil purchased, and reduce handling and disposal costs whilst providing significant performance improvements.
The tailored solutions will be offered under fee- or performance-based contracts, helping provide Quaker Houghton and SKF customers facilitate their transition into a circular economy.
“Our collaboration will make reduction of CO2 a reality for the industry, with improved smart factory services, improved process stability, reduced throughput and cycle time resulting in a significant cost reduction,” SKF president, independent and emerging businesses Thomas Fröst said.
“This collaboration builds on our combined global expertise, shared goal to improve the customer experience, and intent to bring data-based Industry 4.0 offerings and more sustainable solutions to market,” Quaker Houghton EVP, chief strategy officer and managing director – global specialty businesses Joe Berquist added.
The offerings will be introduced gradually throughout Europe, with a long-term aim to offer circular use of oil worldwide.