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TRIMIS

Decreasing fuel consumption in transport

Project

NANOL4TP - Decreasing fuel consumption in transport


Funding origin:
European
European Union
STRIA Roadmaps:
Vehicle design and manufacturing (VDM)
Vehicle design and manufacturing
Low-emission alternative energy for transport (ALT)
Low-emission alternative energy for transport
Transport mode:
Multimodal
Multimodal
Transport sectors:
Passenger transport
Passenger transport
Freight transport
Freight transport
Duration:
Start date: 01/03/2018,
End date: 01/08/2018

Status: Finished
Funding details:
Total cost:
€71 429
EU Contribution:
€50 000

Overview

Objectives:

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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