Service & Technology Corp. (STC) is a small consulting engineering company in Bartlesville, Okla., that designed and built equipment to convert used lubricating oil into marine diesel and cement kiln fuel oil - a technology that helps to recycle fossil fuel and reduces the need to dispose of hazardous waste material. With this environmentally beneficial product, STC obtained an enhanced $1.1 million medium-term export credit insurance policy from Ex-Im Bank to sell a compact waste oil treatment facility to Bravo Energy Chile of Santiago, Chile. STC's export qualified under Ex-Im Bank's Environmental Exports Program for longer repayment terms (up to seven years) and local cost financing. The program also features capitalization of interest during construction. (Ex-Im Bank offers the same enhancements for U.S. exports of medical equipment and transportation security equipment and technology.)