Turkish investors interested in opening recycling motor oils factory in Bosnia and Herzegovina

EnergyNewsSouth-East European INDUSTRIAL Мarket - issue 2/2016

Turkish investors interested in opening recycling motor oils factory in Bosnia and Herzegovina

The Prime Minister of the B&H member state Tuzla Canton Bego Gutic and the B&H Minister of Physical Planning and Environment Protection Hasan Fehratovic hosted a delegation of potential Turkish investors, who are interested in opening a motor oils and other used oils recycling factory.
The Tuzla Canton is quite interesting for this activity, explained the administration representatives, especially considering the amount production plants, mines, and the various registered motor vehicles in the area.

"The factory we intend to build would be ecologically acceptable with the capacity of processing around 5000 tons of waste oils annually. By processing these oils, we get fuel oils, biodiesel, petroleum and other kinds of oils," said Tasdelen and added that after the processing in these factories is conducted, all waste oils are reused.

Prime Minister Gutic and Minister Fehratovic voiced their support for the implementation of this business and ecological project. They also highlighted readiness of the Government to support all new investments that bring employment and alternative advantages, like ecological waste disposal, or fast administrative response to every business request and through developmental incentives.

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