What Innoleo does

Innoleo, LLC is a specialty chemicals distributor founded in 2011 and headquartered in Indianapolis, Indiana, operating as a wholly-owned subsidiary of Biosynthetic Technologies. The company supplies and distributes castor oil and castor oil derivatives, including natural polyols, fatty acids, alcohols, esters, and bis-amides, sourced from bio-based renewable resources. Its product portfolio spans roughly 20 SKUs across three categories: traditional castor-derived specialty chemicals (e.g., Innoleo HCO, 12HSA, PGT, C18-70, Innoleate HMR), the parent's Estolides bio-based base oils (BT4, BT22, BT22 LP, BT75, BT75LP) for hydraulic, gear oil, grease, and metalworking applications, and BioEstolide personal care ingredients (BioEstolide 30, 250, 250-100, 1300) for cosmetic and skincare formulations. Innoleo serves customers in the grease, industrial lubricants, metalworking fluids, and personal care markets across North America through a direct B2B sales model branded as a "signature concierge service." The company relies on exclusive partnerships with production and technology teams in India, China, and elsewhere for upstream sourcing, while the parent company provides manufacturing for Estolides and holds ISO 9001:2015 certification. Revenue is generated through one-time product sales on a quote-based pricing model, with no public pricing or recurring subscription mechanics disclosed.

Name

Innoleo

Legal name

Innoleo, LLC

Website

https://innoleo.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Innoleo, LLC is a U.S.-based specialty chemicals distributor supplying castor oil derivatives and bio-based Estolides to industrial lubricants, metalworking fluids, grease, and personal care manufacturers across North America via a direct B2B concierge service model.

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

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

SIC

Fats & Oils (2070), Industrial Organic Chemicals (2860), Wholesale-Chemicals & Allied Products (5160)

akta.pro primary industry

Specialty & Tropical Oils Processing (Avocado, Sesame, Peanut, Rice Bran, Grapeseed) (AFAKAEAE)

akta.pro secondary industries

Edible Oils & Fats Trading/Wholesale (AFAIAKAC), Fats, Oils & Lipid Ingredients (Specialty Oils, MCTs, Structured Lipids) (CRADAOAL)

Keywords

• Castor oil derivatives
• Bio-based lubricants
• Specialty chemicals
• Natural polyols
• Industrial chemical distribution

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Castor Oil and Derivatives Sales: Supply and distribution of castor oil and derivatives of castor oil, including natural polyols, fatty acids, alcohols, esters, and bis-amides. Revenue is generated through product sales to industrial customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Innoleo supplies and distributes castor oil and a portfolio of castor-derived specialty ingredients—including natural polyols, fatty acids, alcohols, esters, bis-amides, and Estolides—to industrial buyers. The company operates a concierge service model, leveraging exclusive partnerships with production and technology teams in India and China to serve formulators in industrial lubricants, metalworking fluids, grease, and personal care markets.

Product overview

Innoleo is a supplier and distributor of castor oil and castor oil derivatives founded in 2011, operating under the ownership of Biosynthetic Technologies headquartered in Indianapolis, IN. The company's product portfolio consists of three main categories: (1) castor oil and traditional derivatives including natural polyols, fatty acids, alcohols, esters, and bis-amides sourced from bio-based renewable resources; (2) Biosynthetic Technologies Estolides products (BT4, BT22, BT22 LP, BT75, BT75LP) which are biobased synthetic compounds used as high-performance base oils in hydraulic, gear oil, grease, and metalworking applications; and (3) BioEstolide personal care ingredients (BioEstolide 250, 30, 250-100, 1300) for cosmetic and skincare formulations. Innoleo serves the grease, industrial lubricants, metalworking fluids, and personal care markets with a concierge service model providing quality supply, market intelligence, and technical support.

Differentiator

Problem solved

Functional benefit

Products and services

• Castor Oil Industrial-grade castor oil supplied as a foundational bio-based raw material for industrial lubricants, metalworking fluids, grease, and personal care formulations.
• Natural Polyols Castor-derived natural polyols used as renewable building blocks in industrial and personal care formulations.
• Fatty Acids Castor-derived fatty acids supplied for use in industrial and personal care chemical formulations.
• Specialty Alcohols Castor-derived specialty alcohols offered as intermediates for industrial and personal care applications.
• Esters Castor-based specialty esters used as performance ingredients in lubricants, metalworking fluids, and personal care products.
• Bis-Amides Castor-derived bis-amides supplied as specialty additives for industrial formulation applications.
• Estolides Bio-based Estolide technology distributed by Innoleo for use in high-performance, renewable industrial lubricants and personal care applications.

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Biosynthetic TechnologiescoreOthersInnoleo is under the ownership of Biosynthetic Technologies, headquartered in Indianapolis, IN. Biosynthetic Technologies manufactures Estolides and provides the company with access to state-of-the-art specialty chemicals and a robust supply chain.

Scale indicators1 record

Recent moves6 records

Expansion highlights8 records

Broad incumbents

• Stepan Company: Diversified specialty chemical manufacturer producing surfactants, polymers, and specialty products including castor-based derivatives. Overlaps with Innoleo on castor chemistry and industrial end-markets.
• Lubrizol (Berkshire Hathaway): Global specialty chemical incumbent with a deep lubricant additives and bio-based portfolio serving the same grease, industrial lubricant, and metalworking fluid end-markets as Innoleo. Broader scale, narrower focus on Innoleo's specific niche.
• Cargill Bioindustrial: Cargill's industrial business supplies plant-based oils, oils derivatives, and bio-based intermediates to industrial and personal care manufacturers. Directly comparable feedstock and end-market coverage to Innoleo but at much larger scale.
• BASF Care Chemicals & Industrial Solutions: One of the world's largest specialty chemical producers with broad portfolios in bio-based ingredients for personal care, lubricants, and metalworking. Overlaps with Innoleo across all served segments but as a broad incumbent, not a niche specialist.
• Elementis plc: Specialty chemicals company producing performance additives and rheology modifiers for industrial, personal care, and lubricant markets. Comparable as a bio-based additive supplier into Innoleo's customer segments.

Direct peers

• Croda International: Global specialty chemicals company with a major castor oil derivatives and bio-based oleochemicals franchise serving personal care, lubricants, and industrial markets. Most directly comparable to Innoleo on feedstock chemistry, customer overlap, and product portfolio.
• Emery Oleochemicals: Specialty oleochemicals producer of fatty acids, alcohols, esters, and bio-based additives used in lubricants, plastics, and personal care. Comparable to Innoleo as a downstream converter/distributor of bio-based specialty ingredients.
• PMC Biogenix: Specialty manufacturer of fatty acid-derived products, amides, and bio-based additives for lubricant and personal care applications. Closely comparable product portfolio and customer overlap with Innoleo.

Emerging players

• Novvi LLC: Producer of renewable base oils from bio-based feedstocks for lubricants and industrial fluids. Emerging competitor addressing the same sustainability-driven substitution opportunity that Innoleo's Estolides target.

Regional players

• Jayant Agro-Organics: India-headquartered producer and exporter of castor oil and its derivatives, a leading supplier into global industrial chemical markets. Operates upstream of Innoleo as a feedstock source, partially overlapping on castor derivative portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/innoleo-llc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Innoleo