Neste has been granted a patent for a penetrating oil formula containing isoalkane solvent and oil from biological sources. The composition includes 55-98% isoalkane solvent with at least 85% isoalkanes in the C14-C20 range, and 2-30% oil from biological sources. GlobalData’s report on Neste gives a 360-degree view of the company including its patenting strategy. Buy the report here.

Smarter leaders trust GlobalData

Report-cover

Data Insights Neste Corp - Company Profile

Buy the Report

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

According to GlobalData’s company profile on Neste, Microscale biofuel reactors was a key innovation area identified from patents. Neste's grant share as of March 2024 was 55%. Grant share is based on the ratio of number of grants to total number of patents.

Biological source oil and isoalkane solvent penetrating oil

Source: United States Patent and Trademark Office (USPTO). Credit: Neste Corp

A recently granted patent (Publication Number: US11970670B2) discloses a novel penetrating oil formulation that consists of 55-98 vol % isoalkane solvent and 2-30 vol % oil derived from biological sources. The isoalkane solvent must contain at least 85 wt % isoalkanes, with a carbon number range of C14-C20, while the oil from biological sources can be an ester oil derived from various biological sources. Additionally, a lubricity additive can be included in the formulation, comprising solid particles and carrier oil in specific weight percentages.

Furthermore, the patent also covers methods for producing the penetrating oil, involving mixing the isoalkane solvent with the oil from biological sources and potentially a lubricity additive. The mixing process may also include solid particles with a carrier oil to form the lubricity additive, which is then combined with the other components to create the final penetrating oil formulation. The patent specifies the conditions for high-speed mixing, including rpm range and duration, as well as the temperature range for optimal results. Overall, the patent aims to provide a unique penetrating oil composition with specific characteristics and production methods for various applications in the industry.

To know more about GlobalData’s detailed insights on Neste, buy the report here.

Data Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.