Per-Ove Melinder

Part of Quiapeg Pharmaceuticals Holding AB, Oy Phoenix Collector Ltd. is a Finnish company that collects and recycles oil in the ports. The company is based in Hamina, Finland. Oy Phoenix Collector was acquired by Lucent Oil AB on January 31, 2008 for $0.95 million.

Lucent Oil AB designs and builds proprietary processes that combine surface chemistry and thermo-mechanical separation technology. It offers processes and performance chemicals in the field of environmental engineering, oil treatment, and oil recovery. The firm operates in three main areas including Treatment of Industrial oils, Oil Recovery, and Specialty Chemicals. Treatment of Industrial oils process Ultra Clean Oil treats processes in closed circulated system by surface chemistry and thermo-mechanical treatment. The Oil Recovery makes it possible to upgrade downgraded oils into products that substitute new oil. The Specialty Chemicals provides chemical products specially designed and tailored to the company's processes for the purification of oils, recycling and cleavage of emulsions, and purification of highly polluted water from oil recovery processes. The company is headquartered in Kungens Kurva, Sweden.