Blue Tide Secures Upsized Revolving Credit Facility

Core Insights - Blue Tide, a leading North American producer of re-refined Group II+ base oils, has successfully upsized its revolving credit facility to support its expanded financial needs [1][2] - The additional funding will enhance operational efficiencies, expand production capabilities, and position the company for long-term success in the lubricants industry [2][3] Company Overview - Blue Tide is focused on developing a network of used motor oil recycling facilities across North America, utilizing advanced hydroprocessing technology to produce high-quality paraffinic Group II+ base oils at its Baytown, Texas facility [4] - The company is a portfolio company of Tailwater Capital LLC, a private equity firm based in Dallas [4][6] Financial Partnership - Texas Capital led the upsized credit facility transaction, with Origin Bank joining as a lending partner, reinforcing Blue Tide's financial strength [1][2] - The transaction highlights Blue Tide's ability to establish strong financial partnerships that align with its long-term vision [2][3]