Summary
The demand for high-performance lubricant additives is strongly driven by new regulations pushing for improved fuel efficiency and better consideration of the health, safety and environmental factors. Nanol Technologies Oy is a Finnish SME with a mission to provide solutions that enable reduction of fuel and oil consumption and extension of the lifetime of key engine and machine components. We think that our patented Nanol lubricant additive with strong scientific background will become a key technology in the 70 – 90 B€ global lubricants product market. The customer value of Nanol is based on superior cost-performance properties. Nanol improves engine performance with low technical risk, good compatibility with different engines and oils and thus offers very significant immediate savings without investment by the customer. Nanol has been used for 180 000 hours in marine engines and customers have reported consistent fuel savings. The SME Phase 1 project will focus on transport sector with the main objective to conceive comprehensive business plan with a strong go-to market strategy to facilitate the market expansion to high-volume markets.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/807670 |
| Start date: | 01-03-2018 |
| End date: | 31-08-2018 |
| Total budget - Public funding: | 71 429,00 Euro - 50 000,00 Euro |
Cordis data
Original description
The demand for high-performance lubricant additives is strongly driven by new regulations pushing for improved fuel efficiency and better consideration of the health, safety and environmental factors. Nanol Technologies Oy is a Finnish SME with a mission to provide solutions that enable reduction of fuel and oil consumption and extension of the lifetime of key engine and machine components. We think that our patented Nanol lubricant additive with strong scientific background will become a key technology in the 70 – 90 B€ global lubricants product market. The customer value of Nanol is based on superior cost-performance properties. Nanol improves engine performance with low technical risk, good compatibility with different engines and oils and thus offers very significant immediate savings without investment by the customer. Nanol has been used for 180 000 hours in marine engines and customers have reported consistent fuel savings. The SME Phase 1 project will focus on transport sector with the main objective to conceive comprehensive business plan with a strong go-to market strategy to facilitate the market expansion to high-volume markets.Status
CLOSEDCall topic
SMEInst-10-2016-2017Update Date
27-10-2022
Geographical location(s)
Structured mapping
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H2020-EU.2.1.1. INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
