High Cost of Oil Driving Up Interest in Oil Skimming
Equipment
 Cleveland,
OH, June 6, 2006 – Record high oil prices are causing
manufacturers to seek profitable ways to extract oil from their wastewater,
according to the leading U.S. supplier of oil skimming equipment.
Abanaki Corporation has seen an increase in interest in oil skimmers, which
recover oil from plant wash water, machine shop coolant, and contaminated
groundwater. Manufacturers can sell recovered oil to a recycler or burn the oil
to lower heating bills.
Since June 2005, when crude oil prices soared past $60 per barrel and
gasoline prices topped $2 per gallon, requests for skimmers to be used for oil
recycling have increased 25 percent, the company reported.
"Experts are looking at the increasing demand for oil in Asia and cautioning
that prices could stabilize at $100 per barrel for crude oil," said Abanaki
president Tom Hobson. "With this outlook, companies are now thinking about the
profitability of oil recovery."
Oil skimming uses the difference in specific gravity and surface tension
between oil and water to pick up oil, grease and other hydrocarbon liquids as a
belt passes through the water. It is a cost-effective means of cleaning
industrial waste water prior to disposal or discharge.
"In the past, manufacturers have been motivated either by regulatory
compliance or by a desire to reduce disposal costs," Hobson said. "Now the
industry is shifting from a focus on reducing cost to a focus on realizing
profit hidden in waste water."
Oil skimming is the lowest cost way to remove oil from water. Abanaki's
Model 8 Oil Grabber has a low maintenance design and
removes up to 40 gallons of oil per hour. When combined with an oil
concentrator, water in the reclaimed oil can be reduced to as little as one
percent.
Please contact Abanaki Corporation for additional information. Email
us at skimmers@abanaki.com,
call 1-800-358-SKIM (7546). Visit our web page at
www.abanaki.com/031.
About Abanaki Corporation: Abanaki, the world
leader in oil skimmer products, manufactures a wide range of products to remove
oils, greases, solvents, and related hydrocarbons from water. Skimmer models are
available with removal rates ranging from 1 to 200 gallons per hour in both
stationary and portable systems. Use of Abanaki equipment often allows water,
oil and coolant to be recycled, thus avoiding contingent liabilities and costs
associated with disposal. Besides off-the-shelf oil and grease skimmers, Abanaki
supplies custom designed (turnkey) pollution control systems for a wide variety
of applications. Headquartered in Cleveland Ohio, Abanaki has served a global
customer base in industries as diverse as iron and steel, wastewater, paper,
food processing, automotive, environmental remediation, and recycling for more
than 30 years.
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