About Us
World Trade Petroleum, LLC was established in 2014 with the goal of entering the green and renewable energy market, which is expected to experience high demand in the future. After a year of extensive search for the optimal location, the County of Palm Beach, Florida was ultimately chosen as the site for the business. Following persistent efforts, the location received approval from the Municipalities, and construction commenced in the summer of 2018.
The facility was specifically designed to accommodate 60,000 gallons of waste oil, which would be refined and converted into base oil that is equivalent to new, meeting all the standards of unused products. It includes tanks where the waste oil undergoes a process involving static and cracking. This method employs a sophisticated approach to heat and cool the oil, effectively transforming it into reusable oil. These techniques are meticulously executed according to precise formulas required to produce the final product.
The facility is designed for round-the-clock operation, with only two weeks of downtime annually allocated for maintenance purposes.
The Team
Alexandru Bondar – Chief Executive Officer
Aleksandar Ratkovic – Chief Financial Officer
Darius Lelutiu – Site Manager
Irina Lassen – Business Development
Eduardo A. Maura, Esq. – Legal Counsel