What Canoil Canada Ltd does

Canoil Canada Ltd is a privately held Canadian specialty lubricant, grease, and fluid blender and packager founded in 1988 and headquartered at 62 Todd Road, Georgetown, Ontario, with an 18-person team. The company formulates and toll-blends specialty products across six categories: industrial lubricants, greases, power generation fluids, automotive aftermarket products, NSF H1 food-grade lubricants, and specialty products including pipeline cleaners and ester base fluids. Proprietary and exclusive offerings include the Canox 02 pipeline cleaner (demonstrated to improve throughput by over 35% on a Middle East pipeline), the VSG biodegradable wicket gate grease ("The Green Grease"), and MOV LL grease, which is the exclusively approved EQ Long Life Grease for the nuclear industry.

The business operates on three revenue streams: direct sales of proprietary and branded specialty lubricants and greases, toll blending and private-label packaging services for manufacturers and retailers (with low minimum order quantities and short lead times), and distribution of third-party product lines from major chemical suppliers — specifically Lanxess/Chemtura Reolube phosphate esters and Calcium Sulphonate greases, Anderol specialty lubricants, and Emery Oleochemicals DEHYLUB sustainable ester base oils. Customers span power generation (including General Electric steam turbine operators), nuclear, oil and gas pipeline (including Middle East projects), automotive aftermarket, food processing, and private brand manufacturers.

Go-to-market is sales-led and technical, anchored by a website-based content engine (white papers, technical documentation, recurring power generation webinars) and a direct sales team that handles quoting, on-site training, and custom formulation support. Distribution is direct with global shipping, supported by a Director of Sales & Marketing covering Europe and the Far East and a UK-based technical consultant. No public revenue, funding, or headcount growth figures are disclosed.

Name

Canoil Canada Ltd

Legal name

Canoil Canada Inc

Website

https://canoilcanadaltd.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Canoil Canada Ltd is a privately held specialty lubricant, grease, and fluid blender and packager serving power generation, nuclear, oil and gas pipeline, automotive aftermarket, food grade, and private-label manufacturers, with proprietary products and global distribution partnerships.

Ownership category

akta.pro rank

Product category

Industrial Lubricants

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191)

SIC

Miscellaneous Chemical Products (2890)

akta.pro primary industry

Industrial Lubricants (Hydraulics, Gear, Compressor, Turbine, Metalworking) (EUALAJAG)

akta.pro secondary industries

Greases & Specialty Lubricants (Greases, Pastes, Chain Oils, Silicone/Fluoro) (EUALAJAJ), Packaging, Filling & Private Label / Contract Manufacturing (EUALAJAD), Industrial & Heavy-Duty Lubricants (IMAEAMAB), Fuel Additives & Lubricant Additives (IMAEAMAL), Gear Oils & Transmission Fluids (IMAEAMAE)

Keywords

• Industrial lubricants
• Specialty greases
• Food grade lubricants
• Hydraulic fluids
• Turbine oils

Headquarters

HQ city

Georgetown, Ontario

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Specialty Lubricants and Greases: Manufacturing and sale of specialty lubricants, oils, and greases for industrial applications including power generation, refrigeration, automotive, and food grade applications. Products include compressor oils, gear oils, turbine oils, hydraulic fluids, and specialty greases.
2. Custom Packaging Services: Private brand custom packaging and small lot size packaging and blending services. Toll blending of specialty lubricants with capabilities to handle plastic bottles, jars, grease cartridges, and squeeze tubes. Low minimum order requirements.
3. Base Fluids and Additives Distribution: Distribution of DEHYLUB sustainable ester base oils from Emery Oleochemicals, including mono and polyol esters for industrial lubricant formulation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Canoil Canada Ltd manufactures and distributes specialty industrial lubricants, greases, and food-grade lubricants for sectors including power generation, automotive/transport, pulp and paper, and general industry. The company also offers custom blending and packaging services, producing biodegradable and synthetic oils such as hydraulic fluids, heat transfer fluids, gear oils, and pipeline cleaners.

Product overview

Canoil Canada Ltd is a lubricant, grease, and specialty fluids manufacturer offering a diversified portfolio of products across six main categories: Lubricants (including air tool oil, chain oil, compressor oil, gear oil, drill oil, bio synthetic oils, R&O oil, waylube oil, and refrigeration oils), Greases (calcium sulfonate, EMB, VSG, lithium, polyurea, and MOV greases), Power Generation Products (FR phosphate ester, turbine oils, EHC fluids), Automotive/Transport Products (engine oils, hydraulic oils, gear oils, fuel system cleaners), Food Grade Lubricants (NSF H1 approved), and Specialty Products (base fluids, additives, and pipeline cleaners). The company operates as a toll blender and private brand packager, distributing products from Lanxess/Chemtura and Emery Oleochemicals (DEHYLUB esters), while also offering proprietary solutions like Canox 02 pipeline cleaner. Founded over 35 years ago and located in Mississauga, Ontario, Canoil serves industrial, power generation, automotive, and food processing sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Canox 02: Proprietary crude oil pipeline cleaner developed by Canoil Canada for pipeline industry applications
• Chillex N32
• Chillex N55
• VSG
• MOV LL
• Reolube
• Turbofluid

Products and services

• Canox 02 Pipeline Cleaner

Quantifiable outcome

• Over 35% pipeline throughput improvement using Canox 02 pipeline cleaner

Named customers5 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Lanxess/ChemturacoreChannel Partner/ Reseller/ Distributor · 1 January 2016In 2016, Canoil Canada entered into an agreement to distribute Lanxess/Chemtura's Calcium Sulphonate private brand greases in Canada. Canoil is also a designated distributor of Anderol products. Additionally, Canoil serves as a distributor and technical support provider for Lanxess/Chemtura's Reolube Phosphate Ester product line in North America for the Power Generation and Pipeline industry.
• Emery OleochemicalscoreChannel Partner/ Reseller/ DistributorCanoil is proud to distribute DEHYLUB, a brand of sustainable ester base oils produced by Emery Oleochemicals. The DEHYLUB product portfolio includes saturated and unsaturated mono and polyol esters, dicarboxylic acid esters, and complex esters used to produce high performance environmentally friendly industrial lubricants, marine lubricants, metalworking fluids, and greases.
• LanXess Corporation (Anderol)minorChannel Partner/ Reseller/ DistributorCanoil is a designated distributor of Anderol products. Anderol is a registered trademark of the LanXess corporation.
• EPRI (Electric Power Research Institute)coreStrategic or Co-development PartnerCanoil's technical content and products are referenced in multiple EPRI Lube Notes for EHC fluids and MOV greases. The company provides technical white papers and educational content aligned with EPRI research on power generation lubrication.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Royal Purple (Calumet): Synthetic high-performance specialty lubricants and greases for industrial, racing, and marine applications owned by Calumet — comparable specialty/performance positioning with overlapping product families in synthetic and bio-based fluids.
• Quaker Houghton: Global leader in industrial process fluids including metalworking fluids, hydraulic fluids, and specialty greases with strong food-grade and bio-based offerings — competes in the same end-uses and customer industries as Canoil but at substantially greater scale and breadth.
• ExxonMobil Product Solutions: Global integrated lubricant major with Mobil-branded industrial, aviation, and power-generation oils including EHC and turbine fluids — directly competes with Canoil's power-generation and heavy-industrial product categories.
• Shell Lubricants: One of the world's largest lubricant manufacturers offering full industrial, power-generation, marine, and automotive portfolios — competes with Canoil across most verticals but as a multinational incumbent rather than a niche specialist.
• Castrol (bp): Global industrial and automotive lubricant brand with deep presence in metalworking fluids, hydraulic oils, and greases — overlaps Canoil's industrial and automotive/transport aftermarket lines at greater scale.

Direct peers

• Whitmore Manufacturing: Specialty lubricants and greases for rail, mining, power generation, and heavy industry with custom formulation and on-site technical service — comparable specialty industrial customer base and custom-blend sales motion.
• Schaeffer's Specialized Lubricants: US-based independent blender of specialty industrial oils, greases, and fuel additives with a comparable custom-formulation and direct-to-end-user sales motion, including private-label and bio-based product lines that overlap Canoil's portfolio.
• Lubriplate Lubricants Company: Family-owned US specialty lubricant and grease manufacturer known for food-grade (NSF H1), high-performance industrial, and custom-formulated products — directly comparable niche positioning, customer mix, and toll/private-label orientation.

Regional players

• Petro-Canada Lubricants: Canadian-headquartered lubricant manufacturer (HF Sinclair) serving industrial, automotive, and food-grade markets across North America — closest geography match and overlapping product categories, though at substantially larger scale.
• Citgo Petroleum Lubricants: Independent US-based blender of industrial lubricants, greases, and metalworking fluids serving similar mid-market industrial and private-label customers, comparable in scale and operating model to Canoil.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/canoilcanada

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Canoil Canada Ltd