Envidigm focuses on an environmentally and financially advantaged business model centered on the circular economy. The company processes used lubricating oil to produce valuable products like Base Oil, Marine Gas Oil, VLFSO, and residuals. This operation aims to benefit people, the planet through reduced emissions, and investors through sustainable financial advantages.
Funding
Funding not disclosed
Founders
Product
Problem
The marine industry faces increasing pressure to reduce carbon emissions and adopt circular economy practices, but lacks readily available, sustainable fuel and base oil alternatives. Traditional production methods for these products rely on virgin resources, contributing to environmental degradation and resource depletion.
Solution
Envidigm addresses this challenge by re-refining used lubricating oil (ULO) into clean, high-value marine fuels and base oils. Their process enables the marine industry to achieve circularity by transforming waste into a resource, reducing reliance on fossil fuels and minimizing environmental impact. By utilizing advanced technologies, Envidigm produces sustainable alternatives that meet stringent industry standards and contribute to a lower carbon footprint for marine operations. The resulting products offer a viable pathway for the marine sector to meet sustainability goals while maintaining operational efficiency.
Target Audience
Envidigm's primary customers include marine fuel suppliers, shipping companies, and lubricant manufacturers seeking sustainable and environmentally responsible alternatives to conventional products.
Features
- Production of Marine Gas Oil (MGO) and Very Low Sulfur Fuel Oil (VLSFO) from ULO
- Production of Group III base oils suitable for high-performance lubricants
- Advanced re-refining technology for removing contaminants and restoring oil quality
- Reduction of carbon emissions compared to traditional fuel and base oil production
- Waste minimization through the conversion of ULO into valuable products