Our Essence
Metalub is a Costa Rican company dedicated to producing the most sustainable lubricant on the market under the circular economy model, all our processes are designed for infinite continuity.
Making a change today
we take care of the future
We recognize the value inherent in waste and we know how to manage them to maximize their positive contribution for both people and planet.
Every action we undertake is based on knowledge, innovation and technology, since we understand that transformation is essential to forge a sustainable future.
We firmly believe that the preservation of the planet is everyone's responsibility.Therefore, our work is part of the principles of the circular economy: collect, reuse and transform finite natural resources to grant them a new life.
We are a highly qualified and motivated team ready to change the world.
Our management team has a combination of corporate, commercial and technical experience.
We are entrepreneurs and we are enthusiastic and passionate about the environment.We strive to provide our customers with products and services of the highest quality.
Our mission and vision
Metalub's vision is to accelerate the decarbonization of global energy and transport systems.Our mission is to do it by producing the best sustainable lubricants with the environment.Mitigating climate change is in the center of the Metalub vision and mission, a change of oil at the same time using circular economy.
Our mission is to provide our customers with a 'painless' solution to reduceYour carbon footprint, and at the same time improve the performance of your valuable assets.Our lubricants meet the highest standards of the industry (API - American Petroleum Institute)
We reach our mission by providing the most sustainable lubricants in the market, using the circular economy model.The circular economy model is an alternative to the traditional linear economy model (produce, use, discard) in which we keep the resources in use for the most possible time, we obtain the maximum value of them while we use them, and then recover and regeneratesaid resources.
Metalub Timeline
2015
Founding
2011 – First company business plan and founder investment
2013 – Angel and seed capital obtained; Metalub started
2018
Growth/Brand
2015 – First used oil collection and Metalub brand sales
2016 – First lube center sales
2018 – Cumulative revenue passes $1,000,000
2018 – Cumulative used oil collection reaches 1,000,000 liters
2021
Opportunities
2019 – IDB commits debt financing for the plant
2021 – MetaCentros open at Walmart locations in Escazú, Guadalupe, and Cartago
2021 – Annual sales reach $1,000,000
Plant Construction
Construction starts on the Metalub plant and facilities
50% year-over-year annual sales growth
Cumulative used oil collection reaches 5,000,000 liters
2024
Plant Startup Operations
2023 – Lubricant blending and lab equipment received in June
2023 – Lubricant blending operations started in August
2023 – First rerefining plant equipment delivered in August
2023 – Refining plant started operations in December
2023 – Series B financing completed
2024 – First MetaPlas base oil produced