Circular and sustainable use of lubrication oil

Reference number
Coordinator RECONDOIL SWEDEN AB
Funding from Vinnova SEK 450 000
Project duration November 2016 - June 2017
Status Completed
Venture Challenge-Driven Innovation – Stage 1 initiation
Call Challenge-Driven Innovation - Stage 1 Initiation 2016 (autumn)

Purpose and goal

The overall purpose with RecondOil´s Double Separation Technology (DST) is to improve industrial use of lubrication oil, by enabling circular use based on a circular economy. Fulfilment: The project, Step 1, has confirmed the technical (DST) and the market potential (in terms of customer needs, business model, and financials).

Expected results and effects

Suez has been tied to the project, whereby a long term cooperation is the expected outcome. A new design of the automated equipment that delivers DST and thereby enables regeneration and circular use of different types of lubrication oil is under development. The expected outcome of this is that ROCCO Industry 2.0 will next be built and used in step 2 of the project.

Planned approach and implementation

The work has to a large extent been carried out through market contacts. The dual purpose of this has been to develop business relationships and to gather market intelligence and information. The work has in general proceeded according to plan and the quality of the information captured has met the expectations. In other words, the project has provided a solid knowledge base from which the next step of the project now can be taken. This means that partners, business model and oils/segments of priority are known.

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 25 November 2019

Reference number 2016-03728

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