National Third prize winner

Nuspec Oil

Nuspec Oil is pioneering development of biodegradable and renewable base oils for lubricants.


Nuspec Oil Limited is a start-up pioneering development and production of innovative base oils for lubricant and chemical industry. Our bio-based, non-toxic and biodegradable oils are compliant with environmental regulations and deliver superior performance without the need for reformulation or re-approval of existing blends. We select raw material with superior thermal stability and advance its properties using novel processes to obtain next-generation base oils.Nuspec Oil is led by a team of experts in raw material development and lubrication engineering with a strong business support. We aim to develop agile business by unlocking value of vegetable oils through intensified process. We aim to become leader in base oil innovation and build profitable business by attracting more women into manufacturing industry.

Quick facts

  • 2020 Participant
    Year of participation
  • Sustainable Production Systems
  • UK-England
  • € 0
  • 3
  • 0

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  • Natalia Stawnial - CEO And Co-founder, Boris Zhmud - CTO And Co-founder And Ian Bancroft - Chairman Of The Board And Co-founder.

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