– This can be really big for certain applications requiring extra environmental concerns, such as forestry machines. But we also believe that we can develop the lubricant so that it can compete with traditional lubricants for many other applications, says Roland Larsson, Professor in Machine Elements at Luleå University of Technology.
The lubricant, which is completely new in its kind, is based on glycerol and extracted by using waste products from biomass. In addition to the environmental benefits, the product is better and costs less.
– The product is 100 percent renewable and manufacturing is simple and cost effective. Also, the process causes no carbon emissions. We have tested the lubricant out in the field and it performs better than current products, says Yijun Shi, postdoctoral researcher at Machine Elements, Luleå University of Technology.
Emil Svanberg at LTU Business has helped the researchers with the commercialization strategy. He sees great potential in the discovery.
– We continue to work with the commercialization and to accurately identify the conditions, but already we see that the invention has a very high potential in a multi-billion market, says Emil Svanberg.
The project has been granted a Verification for growth funding from VINNOVA which supports the commercialization of research and verifies business concepts.
In addition to Yijun Shi and Roland Larsson, the lubricant has also been developed by Professor Ichiro Minami at Machine Elements and Associate Professor Mattias Grahn at the research subject Chemical Technology. All belong to Luleå University of Technology.