Abstract: A method for the production of an industrial diluent which includes the steps of heating a liquid waste from a facility that manufactures coatings, inks, lacquers, adhesives, or dyes in a mixer-reactor to generate a vapor, flowing the vapor into a distillation column, distilling the vapor to form distillation components, and transferring each component to a tank designated for such component. The method may include the additional steps of mixing at least two of the components in a predetermined amount, and thoroughly mixing the liquid waste during the heating step. The heating step is preferably effected by applying heat substantially uniformly to the liquid waste.