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NAICS Code 324110-09 - Oils-Re-Refined (Manufacturing)
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- Sales Volume
- Employee Count
- Website (where available)
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Looking for more companies? See NAICS 324110 - Petroleum Refineries - 1,510 companies, 11,724 emails.
NAICS Code 324110-09 Description (8-Digit)
Oils-Re-Refined (Manufacturing) is a subdivision of the Petroleum Refineries (Manufacturing) industry that involves the manufacturing of base oils from used oils through a refining process. This process involves removing impurities and contaminants from used oils to produce high-quality base oils that can be used in the production of lubricants, hydraulic fluids, and other industrial oils. The Oils-Re-Refined (Manufacturing) industry is an environmentally friendly alternative to traditional oil refining, as it reduces the amount of waste oil that is disposed of in landfills and helps to conserve natural resources.
Parent Code - Official US Census
Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 324110 page
Tools
Tools commonly used in the Oils-Re-Refined (Manufacturing) industry for day-to-day tasks and operations.
- Vacuum distillation units
- Solvent extraction units
- Hydrogenation units
- Clay treatment units
- Filtration units
- Centrifuges
- Decanters
- Reactors
- Heat exchangers
- Pumps
Industry Examples of Oils-Re-Refined (Manufacturing)
Common products and services typical of NAICS Code 324110-09, illustrating the main business activities and contributions to the market.
- Base oil production
- Lubricant manufacturing
- Hydraulic fluid manufacturing
- Industrial oil manufacturing
- Transformer oil manufacturing
- Metalworking fluid manufacturing
- Gear oil manufacturing
- Engine oil manufacturing
- Marine oil manufacturing
- Railroad lubricant manufacturing
History
A concise historical narrative of NAICS Code 324110-09 covering global milestones and recent developments within the United States.
- The Oils-Re-Refined (Manufacturing) industry has a long history dating back to the early 1900s when the first re-refining plant was established in the United States. The industry has since grown and evolved, with notable advancements in technology and processes. In the 1960s, the industry saw a significant increase in demand due to the oil crisis, which led to a shortage of crude oil and an increase in the price of petroleum products. This resulted in a renewed focus on recycling and re-refining used oil. In recent years, the industry has continued to grow, with advancements in technology and increased awareness of the environmental benefits of re-refining used oil. In the United States, the Oils-Re-Refined (Manufacturing) industry has seen significant growth in recent years. This growth can be attributed to several factors, including increased demand for environmentally friendly products, advancements in technology, and government regulations promoting the use of recycled products. In 2019, the industry generated over $1 billion in revenue and employed over 1,000 people. The industry is expected to continue to grow in the coming years, driven by increasing demand for sustainable products and a growing focus on environmental responsibility.