Decreasing fuel consumption in transport

Project Information

NANOL4TP

Grant agreement ID: 807670

DOI 10.3030/807670

Project closed

EC signature date 5 February 2018

Start date 1 March 2018

End date 31 August 2018

Funded under

• SOCIETAL CHALLENGES - Smart, Green And Integrated Transport

Total cost € 71 429,00

EU contribution € 50 000,00

Coordinated by

AB NANOL TECHNOLOGIES OY
Finland

Objective

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.

Fields of science

• engineering and technology › mechanical engineering › manufacturing engineering
• engineering and technology › mechanical engineering › tribology › lubrication
• social sciences › social geography › transport
• engineering and technology › nanotechnology › nano-materials
• engineering and technology › environmental engineering › energy and fuels

Programme(s)

• H2020-EU.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport Main Programme
• H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
• H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument

Topic(s)

• SMEInst-10-2016-2017 - Small business innovation research for Transport and Smart Cities Mobility

Call for proposal

H2020-SMEInst-2016-2017

See other projects for this call

Sub call

H2020-SMEINST-1-2016-2017

Funding Scheme

SME-1 - SME instrument phase 1

Coordinator

AB NANOL TECHNOLOGIES OY

• Net EU contribution: € 50 000,00
• Address: ANNANKATU 9 A 11 ; 00120 HELSINKI ; Finland
• SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes:
  Region
  Manner-Suomi › Helsinki-Uusimaa › Helsinki-Uusimaa
• Region: Manner-Suomi › Helsinki-Uusimaa › Helsinki-Uusimaa
• Activity type: Private for-profit entities (excluding Higher or Secondary Education Establishments)
• Total cost: € 71 429,00