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CirculOil
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== Idea == <vimeo>709549653</vimeo> Waste lubricant is the largest liquid, non-aqueous hazardous waste in the world. An estimated 25 million tons of waste oil is produced every year, but only around a quarter is recycled, so it can be hugely damaging to the environment. One typical oil change could contaminate a million gallons of freshwater. This patented bespoke sealed cartridge technology unlocks the ability to collect and re-refine the waste lubricant. Our technology is market ready. Trials are running at top UK contractors with further progressing in the generator and compressor markets. Customers benefit from reduced downtime; our oil change is quick and can take as little as 90 seconds! Itβs also clean, so no spills or mess and it can be done anywhere by anyone without the need for specialist equipment. CirculOil's future revenue model for installation, subscription service and digital platform, to help customers plan and track their maintenance, is currently being market tested and selected third parties are used to re-refine the oil. CirculOil is being developed for many industrial, power generation & ground care applications. Backed by 5 experienced industry investors. Funding is to scale up, develop the circular solution & move to become standard fit on equipment where our Quick-Green-Smart technology can help address the environmental challenge. CirculOil saves time & helps the planet. Whatβs not to love?
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