Industry: Energy and chemical industry Location: Finland Transaction price: USD 1 million Transaction method: Equity financing
Description of Requirement:
A Finnish manufacturer of lubricant additives is looking for distributors and agents. Their products improve energy efficiency, extend the life of engine and transmission components, and reduce fuel consumption and emissions, resulting in cost savings for users. The main user and end customer groups are transportation (trucks and buses, etc.) and the energy sector (windmills, power plants).
details:
Founded in 2010, the Finnish company produces and sells lubricant additives for engines and power plant turbines. The company's mission is to reduce fuel consumption and emissions, and have an impact on the environment.
The company is active in Finland and Sweden, and has distributors in a few countries in Europe and the Middle East. However, their network does not yet cover the market potential well and welcomes new partners. Products are exported to more than ten countries in Europe, Asia and America.
There are different additive solutions for different types of engines, such as low sulphur marine engines, the road transport sector (cars, buses, trucks, trains, tracks) and the energy sector (power plants and generators). Since 2014, the product has been used in commercial engines in the marine industry with remarkable results. It can also be used in fully formulated lubricants for heavy duty trucks, buses and automobiles.
The multifunctional additive contains both friction modifiers and antiwear ingredients. Its function is based on a tribochemical synthetic molecular mechanism that applies quantitatively distributed copper ions as a self-healing protective copper-organic compound (COC) nanofilm to metal friction surfaces. The nanolayer has plastic flow properties that reduce energy loss and prevent hydrogen wear and corrosion. The main features result in reduced friction and enhanced antiwear properties of lubricants. It improves engine performance and energy efficiency, reduces wear and improves heat transfer in friction zones. These products reduce fuel consumption, thereby reducing emissions, and extend the life of components, which means lower costs.
The technology is patented and based on research, and its performance advantages have been proven and proven in extensive field tests at different universities and renowned institutions such as the Fraunhofer Institute (Germany) and the VTT Technical Research Center (Finland).
The company is expanding their market area, so they are now looking for new partners. They are interested in new distributors and agents with connections and the ability to sell to the following industries:
-Transportation sector: trucks and buses
- Energy sector: such as windmills and/or other power plants
- Oil companies use new ingredients in their formulations to formulate oils and greases
- Gearbox manufacturers test additives in their gearboxes.
- Target markets can include countries or regions.