Canada · Renewables & environment startup

Advonex International Corporation

Advonex International develops and markets sustainable hydrocarbons from renewable, bio-based feedstocks for high-value chemical applications.

Funding reportedLast round: Undisclosed round

Renewables & environmentBrockville, Canada

About Advonex International Corporation

Advonex International develops and markets sustainable hydrocarbons from renewable, bio-based feedstocks for high-value chemical applications.

The company produces lubricants, waxes, emollients derived from plants or waste resources that deliver superior performance to ingredients traditionally derived from petroleum. Our customers get a partner that is committed to improving their business and products while reducing dependence and reliance on petroleum. \\Our Science. Your Business. Better World.\\The Company's first product is EntradaTM-BASE - a replacement for base oils used to produce automotive and industrial lubricants. Entrada-BASE enables formulators to produce lubricants with higher viscosity index, lower volatility and lower friction coefficient than petroleum base oils. Furthermore, it is easier to formulate into motor oils than poly-alpha-olefins (PAOs) and is more cost-effective. No other biologically-derived lubricant can deliver that level of performance. Advonex has produced Entrada-BASE from soybean, canola, used cooking oil, coconut, palm, distiller's corn oil, tallow and lard with equal success. In short, Entrada-BASE delivers superior performance at a lower cost and while reducing GHG emissions. \\The cosmetics and personal care industry is trying to walk a fine line between providing products that have a consistency that can only be delivered using petroleum-based products on the one hand and using renewable, natural and sustainable products on the other. Synthetic oils and waxes made from petroleum are less subject to batch-to-batch inconsistency than, for example, beeswax. However, consumer demand is very high for natural organic, plant-derived cosmetics. Advonex can deliver waxes (paraffinic and microcrystalline), petrolatum, synthetic mineral oils and other hydrocarbons with the consistency of petro-based products but sourced from soybean, canola and other plants.

What company datasets say Advonex International Corporation raised

Funding, as reported

Reported in all4.2Min the source's currency
Rounds1
Last roundUndisclosed round
Last round size4.2M
Last round dateSept 2016
Investors listed1

The company, in detail

What they build

Known for

petroleum jelly alternatived5 replacementconsumersrenewable hydrocarbonsbeautymineral oilswaxesbiobased chemicalspersonal careplant oilbase oilsrenewable fuelscosmeticsconsumer goodsemollientslubricants

Built with from their website

Remote

Sector
Renewables & environment
Region
Ontario
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Renewables & environment in Canada

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