Name

Biosynthetic Technologies

Legal name

Biosynthetic Technologies LLC

Website

https://biosynthetic.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Biosynthetic Technologies manufactures biobased synthetic base oils using proprietary Estolide technology derived from castor oil. The company serves industrial lubricant formulators, personal care manufacturers, metalworking fluid producers, government agencies, and consumer vehicle owners across North America and Europe.

Ownership category

akta.pro rank

Product category

Specialty Chemicals (Biobased Lubricant Base Oils)

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191), Fats and Oils Refining and Blending (311225), Starch and Vegetable Fats and Oils Manufacturing (31122)

SIC

Fats & Oils (2070), Industrial Organic Chemicals (2860), Miscellaneous Chemical Products (2890)

akta.pro primary industry

Base Oil Production & Supply (Group I–V, Re-refined) (EUALAJAA)

akta.pro secondary industries

Process Oils & White Oils (IMAEAMAK), Fats, Oils & Lipid Ingredients (Specialty Oils, MCTs, Structured Lipids) (CRADAOAL), High-Oleic & Specialty Oilseed Oils (AFAJALAC), Specialty & Tropical Oils Processing (Avocado, Sesame, Peanut, Rice Bran, Grapeseed) (AFAKAEAE)

Keywords

• Biobased base oils
• Estolide lubricants
• Metalworking fluid additives
• Personal care emollients
• Sustainable motor oils

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Base Oil Sales: Sale of estolide-based sustainable base oils (BT4, BT22, BT22 LP, BT75, BT75 LP) to industrial lubricant formulators. Available in 55-gallon drums (180 kg), totes (900 kg), and isotainers (up to 20 metric tons).
2. Personal Care Ingredient Sales: Sale of BioEstolides (30, 250, 1300 cPs grades) as emollient ingredients to beauty and personal care manufacturers. REACH registered, Kosher, Vegan, and Halal certified.
3. Consumer Motor Oil Sales: API-certified biobased motor oils sold directly to consumers via Amazon and company website. Available in 5W-20 and 5W-30 grades in cartons of 12 one-quart bottles.
4. Metalworking Fluid Additives: Sale of castor-derived metalworking fluid additives including BT PRA series (BT PRA30, BT PRA40, BT PRA50, BT PRA100) and Biocea products.
5. Licensing/Technology Transfer: Several of the world's largest manufacturers of automotive and industrial lubricants are formulating and certifying finished products using Biosynthetic Technologies' patented oils under their own brand names.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Biosynthetic Technologies manufactures and sells biobased synthetic base oils based on its proprietary Estolide chemistry, derived from organic fatty acids in castor oil. Core offerings include estolide base oils for industrial lubricants (gear oils, hydraulic fluids, grease), BioEstolide emollients for personal care formulations, Biocea additives for metalworking fluids, and finished API-certified consumer motor oils. Products are sold in drums, totes, and isotainers to industrial formulators and through Amazon to consumers.

Differentiator

Problem solved

Functional benefit

Brands

• Innoleo: Brand acquired in 2022 for castor derivatives used in grease, lubricants, metal-working fluids, coatings and personal care applications
• BioEstolides
• Biocea

Products and services

• Estolide Base Oils (BT4, BT22, BT22 LP, BT75, BT75 LP) Biobased synthetic base oils for industrial lubricant formulations including gear oils, hydraulic fluids, and greases. Compatible as drop-in replacements for petroleum-based base oils, with ISO VG 22-680 viscosity range, pour points to -21°C, and flash points 200-260°C. Sold in 55-gallon drums (180 kg), totes (900 kg), and isotainers (up to 20 metric tons) to industrial lubricant formulators.
• BioEstolides Personal Care Emollients (30, 250, 1300 cPs grades) Sustainable, renewable, non-toxic, biobased, biodegradable emollient oils derived from castor for skincare, haircare, color cosmetics, and suncare formulations. REACH registered, Kosher, Vegan, and Halal certified. Available in 55-gallon drums, totes, and isotainers for beauty and personal care manufacturers.
• Biocea Metalworking Fluid Additives (BT PRA30, BT PRA40, BT PRA50, BT PRA100) Sustainable, high-performance additives and cosolvents for straight oils, cutting oils, emulsifiable oils, semisynthetic fluids, and synthetic metalworking fluids. Improve lubricity, wear protection, thermal stability, and tool life in environmentally acceptable formulations. Distributed in North America through Palmer Holland.
• Biosynthetic Consumer Motor Oils (5W-20, 5W-30) API SN-RC certified biobased synthetic motor oils for passenger car gasoline engines in 5W-20 and 5W-30 grades. Sold in cartons of 12 one-quart bottles through Amazon and the company website to individual consumers and small fleet operators.
• Food-Grade Hydraulic Fluids and Lubricants Biobased food-grade hydraulic fluids (including AW32 Hydraulic Fluid) and lubricants for food, drink, and pharmaceutical processing equipment where incidental food contact may occur. NSF H-1 registered, USDA H-1 compliant, FDA 21CFR 178.3570/178.3620(b)/573.680 compliant, USDA BioPreferred, and European EcoLabel certified.
• Innoleo Castor Derivatives Portfolio Castor and other oleo derivatives distributed under the Innoleo brand for grease, lubricants, metalworking fluids, coatings, and personal care applications. Acquired by Biosynthetic Technologies in January 2022 to complement the existing Estolide technology portfolio.

Quantifiable outcome

• 70-90% biodegradable per OECD 301 testing
• +5 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered major, core and minor.

• Innoleo LLCmajorOEM/ Whitelabel/ Licensing Partner · 10 January 2022Biosynthetic Technologies acquired Innoleo LLC, a privately-held distributor of quality castor derivatives for grease, lubricants, metalworking fluids, coatings, and personal care applications. This acquisition added a comprehensive line of castor and other oleo derivatives to Biosynthetic Technologies' existing Estolide technology portfolio.
• Palmer HollandcoreChannel Partner/ Reseller/ Distributor · 4 May 2021Distribution partnership with Palmer Holland to market and promote Biocea metalworking fluid additives with exclusivity for the US metalworking fluid market. This partnership broadens Biosynthetic Technologies' footprint in the North American market.
• Heritage Environmental ServicescoreStrategic or Co-development Partner · 17 March 2021Heritage Environmental Services is utilizing Biosynthetic Technologies' proprietary AW32 Hydraulic Fluid in its fleet of vehicles to measure effectiveness of the first fully biodegradable hydraulic fluid in real-world applications.
• Defense Logistics Agency (DLA) AviationmajorStrategic or Co-development PartnerDLA Aviation, in coordination with Air Force Research Laboratory (AFRL) and Office of the Assistant Secretary of Defense for Sustainment, established a pilot demonstration project to evaluate Biosynthetic Technologies' biobased synthetic motor oil for use in DoD and federal agency vehicles. Project coordinated data collection during approximately 18-month demonstration period.
• Air Force Research Laboratory (AFRL)majorStrategic or Co-development PartnerAFRL Advanced Power Technology Office collaborated on demonstration project for biobased motor oil evaluation across military installations.
• U.S. Department of Agriculture (USDA)minorStrategic or Co-development PartnerCollaboration with USDA in developing patented estolide technology for biobased synthetic motor oils and lubricants, with assistance from DOE's Inventions and Innovation Program.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Novvi LLC: Novvi develops biobased and synthetic base oils, including products derived from renewable feedstocks for use in motor oils and industrial lubricants. It is the most directly comparable biobased base oil competitor targeting lubricant formulators with similar drop-in claims.
• Elevance Renewable Sciences: Elevance produces biobased specialty chemicals and high-performance renewable base oils and additives from plant oils using metathesis chemistry. It overlaps directly with BT in renewable lubricant base oils and personal care emollients serving industrial and consumer formulators.

Broad incumbents

• Croda International: Croda is a global specialty chemicals company with a sizable personal care emollients franchise and industrial lubricant additives. It competes with BT's BioEstolides in personal care and with its base oils/grease additives in industrial markets, though at much broader portfolio scale.
• Evonik Industries: Evonik is a major specialty chemicals manufacturer producing lubricant additives and base oil components. It is also a prior investor in BT via Evonik Venture Capital, and competes in the additive and synthetic base oil space that BT's estolides target.
• BASF: BASF produces a broad portfolio of lubricant additives, base stocks, and biobased intermediates including products derived from renewable feedstocks. It is a broad incumbent competing with BT across industrial lubricant and personal care ingredient markets.
• Lanxess: Lanxess is a specialty chemicals company with a significant lubricant additives business serving industrial lubricant formulators. It is comparable as a broader incumbent supplying additive packages and synthetic base stocks to the same lubricant customer base as BT.
• Arkema: Arkema is a French specialty chemicals company with a major castor-oil-derived products franchise (including through its Bostik and coating materials divisions) and growing biobased specialty offerings. It is comparable through shared castor feedstock chemistry and overlapping end markets including personal care and industrial.
• Neste (Neste MY Renewable Diesel & renewables): Neste is a global leader in renewable fuels and produces renewable base oils and renewable hydrocarbons from waste and residues for the lubricant industry. It is a broad incumbent competitor in renewable base oils supplying lubricant majors with sustainable alternatives to petroleum.

Emerging players

• Cargill Bioindustrial: Cargill's Bioindustrial group supplies biobased oils, polyols, and specialty feedstocks for lubricants, personal care, and industrial applications. It overlaps with BT on plant-oil-derived ingredients and competes in adjacent biobased ingredient categories for similar formulators.
• BioBlend Renewable Lubricants: BioBlend produces biobased and renewable lubricants including hydraulic fluids, gear oils, and greases sold through industrial distribution. It is a smaller, niche competitor comparable to BT's industrial lubricant base oil business from a downstream product and customer perspective.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/biosynthetic-technologies

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Biosynthetic Technologies