Thermopac

What Thermopac does

Thermopac Process Engineering LLP is an India-headquartered engineering, procurement, and construction (EPC) contractor that designs, manufactures, and commissions turnkey plants for used lubricant oil re-refining and related downstream lubricant manufacturing. Founded in 1986 in Mumbai, the company manufactures all major process equipment in-house — including steam boilers, thermal fluid heaters, evaporators, and distillation columns — at a state-of-the-art facility in Rabale, Navi Mumbai, built to international standards (ASME, API, TEMA, CE, U-stamp). Its core process is centered on a proprietary Thermo Wiped Film Evaporator (TWFE) technology that delivers claimed oil recovery yields of 95-97% in an acid-free, solvent-free, sludge-free process, with skid-mounted modular designs and DCS/SCADA-based automation enabling rapid installation (4-6 weeks) and capacity expansion without shutdown.

The company operates in the used oil re-refining, transformer oil regeneration, lube oil blending, grease manufacturing, slop oil treatment, and water-naphtha separation verticals, offering standardized capacity tiers (2,000–10,000 LPH for re-refining; 5–100 TPD for grease and blending) as well as supporting modules including regenerative media polishing systems, wet scrubber and thermal oxidizer air pollution control, and SCADA/DCS automation packages. Output products include SN 150, SN 300, SN 400, SN 500 base oils and Group II base oils. Thermopac states it currently operates 31 re-refining plants across 5 continents, processing approximately 1 million liters of used engine oil daily, with reported installations spanning 18+ countries and a customer base spanning entrepreneurs and investors, government and municipal programs, existing oil recycling companies, lubricant manufacturers, and the power and energy sector. Reported customer ROI for re-refining plants is 18-36 months, with polishing costs as low as $18 per ton.

Thermopac's business model is anchored on direct enterprise sales of turnkey EPC projects priced on a unit/quote basis under multi-year contracts, supplemented by technology licensing of TWFE processes, post-commissioning aftermarket services (maintenance, remote monitoring, spares), and sale of base oil and residual fuel outputs from the re-refining process. Distribution is entirely direct-to-customer with no resellers or distributors; commercial engagement runs through website enquiry forms, WhatsApp, and dedicated sales and general-management email channels. The company is privately held as an LLP, has 51-100 employees, and reports no external institutional investors, parent company, M&A activity, or publicly disclosed financial metrics.

Name

Thermopac

Legal name

Thermopac Process Engineering LLP

Website

https://thermopac.in

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Thermopac Process Engineering LLP is a Mumbai-based EPC contractor that designs, manufactures, and commissions turnkey used oil re-refining and lubricant manufacturing plants using proprietary Thermo Wiped Film Evaporator (TWFE) technology, serving entrepreneurs, governments, oil recyclers, lubricant manufacturers, and utilities across 18+ countries and 5 continents.

Ownership category

akta.pro rank

Product category

Used Oil Re-Refining Plant Equipment

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191), Petroleum Refineries (32411)

SIC

Oil & Gas Field Machinery & Equipment (3533), Industrial Process Furnaces & Ovens (3567)

akta.pro primary industry

Used Oil Collection, Re-refining & Circularity (Waste Oil, Recycled Base Oils) (EUALAJAK)

akta.pro secondary industries

Used Oil, Lubricants & Industrial Fluids Recovery/Recycling (IMAIAFAM), Used Oil & Oily Waste Management (Collection, Re-refining, Disposal) (BPALAFAI)

Keywords

• Used oil re-refining
• Wiped film evaporation
• Lube oil blending
• Grease manufacturing plants
• Transformer oil recycling

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. EPC Plant Construction: Engineering, Procurement, and Construction of turnkey used oil re-refining plants. Customers pay for complete plant design, equipment supply, installation, and commissioning services. Revenue is generated from capital equipment sales and project execution fees.
2. Technology Licensing: Licensing of proprietary TWFE technology and re-refining processes to plant operators. Provides process documentation, operator training, and technical support for plant operation.
3. Aftermarket Services: Post-commissioning technical support, maintenance services, remote monitoring diagnostics, and spare parts supply for operating plants.
4. Base Oil Products: Plants produce and sell re-refined base oils (SN 150, SN 300, SN 400, SN 500) and residual fuel oil as output products from the re-refining process.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Thermopac designs, engineers, procures, and constructs true turnkey used oil re-refining plants and related oil regeneration equipment on an EPC basis. Its offering centers on the proprietary Thermo Wiped Film Evaporator (TWFE) technology and skid-mounted modular plants that convert used motor oil, transformer oil, hydraulic fluids, and synthetic oils into high-quality base oils (SN 150, SN 300, SN 400, SN 500) with 95-97% recovery. The company also delivers supporting systems including regenerative media polishing, lube oil blending plants, grease manufacturing plants, slop oil treatment, water-naphtha separators, and SCADA/DCS automation.

Product overview

Thermopac Process Engineering LLP is a turnkey EPC contractor specializing in used oil re-refining and lubricant manufacturing plants. The company offers a comprehensive portfolio centered around its proprietary Thermo Wiped Film Evaporator (TWFE) technology, which enables 95-97% oil recovery rates. Core products include Used Oil Recycling Plants (skid-mounted, continuous, fully automated), Transformer Oil Recycling Plants, Lube Oil Blending Plants, Grease Manufacturing Plants, Water-Naphtha Separators, Slop Oil Treatment Systems, and Wiped Film Evaporators. Supporting systems include Regenerative Media Polishing Systems (for final oil refinement), Wet Scrubber and Thermal Oxidizer (air pollution control), and SCADA/DCS automation. Output products include SN 150, SN 300, SN 400, SN 500 base oils and Group II base oils. The company operates 31 re-refining plants across 5 continents, processing 1 million liters of used oil daily with over 30 years of engineering expertise.

Differentiator

Problem solved

Functional benefit

Brands

• TWFE (Thermopac Wiped Film Evaporator): Proprietary wiped film evaporation technology used in re-refining processes for maximum oil recovery
• THERMOPAC-Wiped-Film-Evaporation (TWFE)

Products and services

• Used Oil Recycling Plant (Re-Refining Plant) Skid-mounted, continuous, fully automated, waste-free re-refining plant that processes used motor oil into high-quality base oils using proprietary Thermo Wiped Film Evaporator (TWFE) technology with 95-97% oil recovery. Available in capacities from 2,000 LPH to 10,000 LPH. Targeted at entrepreneurs, oil recycling companies, and governments establishing re-refining operations.
• Regenerative Media Based Polishing Systems

Quantifiable outcome

• 95-97% oil recovery rate from used motor oil feedstock
• +4 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators9 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Vertex Energy: Vertex Energy operates used-oil re-refining and renewable diesel production, including the Myrtle Grove re-refinery and the Mobile, Alabama plant. As a publicly listed re-refining company that both operates and procures re-refining technology, it overlaps with Thermopac's downstream customer base and adjacent process technology.
• Puraglobe: Puraglobe (formerly Avista Oil Voraus) operates used-oil re-refining plants using its Hytex®/HyCon® hydro-treatment technology and licenses the technology to third-party operators. Like Thermopac, Puraglobe supplies turnkey re-refining process know-how and equipment globally, making it a direct competitor in the EPC re-refining plant market.
• Heritage-Crystal Clean: Heritage-Crystal Clean operates a used-oil re-refining business (HERITAGE-CRYSTAL RUN-RITE) in Indianapolis and is one of the few large-scale re-refiners in North America. As a vertically integrated collector and re-refiner that has invested in its own plant upgrades, it represents the closest operating-model peer to Thermopac's customer base.
• Avista Oil AG: Avista Oil (Germany) is one of Europe's largest independent used-oil collectors and operates the Harburg rerefining facility. It is a direct peer in used-oil re-refining and a likely buyer of re-refining process technology that competes with Thermopac's TWFE-based turnkey offerings.

Others

• Axens: Axens is a global licensor of refining and petrochemical process technologies, including hydroprocessing units that produce Group II/III base oils from virgin or re-refined feedstocks. As an enabler/adjacent technology provider, Axens licenses processes that can be combined with or substitute for Thermopac's TWFE-based flowsheet.

Regional players

• Mohawk Oil: Mohawk Oil is a Canadian used-oil collector and re-refiner operating the Coquitlam, BC facility. It is a regional peer with the same customer profile (waste oil collectors needing re-refining capacity) and competes for similar government and private re-refining contracts in the North American market.

Broad incumbents

• Safety-Kleen: Safety-Kleen is the largest North American collector and re-refiner of used motor oil, operating its own re-refining plants at the Newark and Breslau facilities. Although primarily an operator rather than an EPC contractor, it is a major buyer and developer of re-refining technology, making it a broad incumbent that competes with Thermopac's customers and can license competing technology.
• Clean Harbors: Clean Harbors is a large North American hazardous-waste management and used-oil services company (Safety-Kleen division was its predecessor). As a broad environmental services incumbent, it competes with Thermopac's government and oil-recycling customers for large hazardous-waste and re-refining contracts.
• GEA Group: GEA Group is a global supplier of separation technology, including industrial wiped-film and falling-film evaporators used in chemical and refining applications. As a manufacturer of core evaporation equipment, GEA is both a potential equipment supplier to Thermopac and a competitor in selling turnkey evaporation-based re-refining skids to third parties.

Emerging players

• BUSS ChemTech: BUSS ChemTech supplies process technology, engineering, and modular plants for specialty chemicals including lubricant and re-refining applications. As a smaller EPC peer with comparable scope (process design + skidded plants), it competes directly with Thermopac in the turnkey re-refining and lubricant-plant segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• Xx.com/_thermopac
• YouTubeyoutube.com/@thermopacprocessengineerin6049
• LinkedInlinkedin.com/company/thermopac-process-eng-llp
• Facebookfacebook.com/thermopac1

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thermopac