User:Die freiburgerin/Artikelentwurf

Die freiburgerin (talk) 08:47, 10 April 2017 (UTC)

The Avista Oil AG is a german company in the sector of re-refining waste oil and oily liquids as well as of production of oils and lubricants. It was founded in Uetze, located in Lower Saxony, in 1951.

With about 600 employees in the headquarter in Uetze and refinery locations in the Danish Kalundborg and the American Peachtree City (Georgia), the stock company generated revenues of 190 million euros in 2015.

For processing waste oil the company uses a multistage distillation including thin film evaporation (total vaporisation). Afterwards, other undesirable components are removed from the distillate. Base oils (re-raffinates) for the production of new lubricants are products of this process.

Susanne Klatten holds about 30 per cent of the company shares via her associated company Skion.

History
In 2003, the Avista Oil AG took over the mineral oil refinery Dollbergen’s subsidiary and the used oil collecting company Karo-As from Edelhoff RWE-Umwelt-AG. The origin of former mineral oil refinery Dollbergen belongs to the industrialist Georg Greiser.

Weblinks

 * Company Website
 * Bloomberg Company Overview of AVISTA OIL AG

Category:Multinational oil companies Category:Energy companies established in 1951