September 06, 2012
Bay Area-based Skip To Renew, a bio-lubricant company focused on non-toxic and biodegradable industrial lubrication solutions, was selected as a finalist for the annual Postcode Lottery Green Challenge. Stig Westling, Co-Founder and CEO of Skip To Renew, will head to Amsterdam on September 17 to present his innovative concepts before an international jury of experts. The winner of the Postcode Lottery Green Challenge will receive a €500,000 grand prize; one or two runner-up prizes will be awarded from a total of €200,000.
“We’re excited for this opportunity to share our mission of producing safe, non-toxic, and bio-based industrial lubricants,” says Janine Elliott, Skip To Renew’s Marketing Director and Co-Founder. “Our mission is only as powerful as the people who support our products. Customers who choose bio-based lubricants directly help eliminate petroleum dependence.”
Since its inception in 2009, Skip To Renew has gained nation-wide distribution for the Re:cyclist line, a collection of bio-based, non-toxic, and biodegradable bicycle lubricants including a race-day formula, a road bike formula and a water soluble grease. Skip To Renew’s newest product is a bio-based hydraulic fluid for industrial hydraulics, lifts, trucks and manufacturing equipment.
“The benefits of our hydraulic fluids extend beyond our dedicated mission of creating bio-based, non-toxic and biodegradable products,” says Jonathan Mooney, CFO and Co-Founder of Skip To Renew. “Our bio-based hydraulic fluid has a higher oxidation stability and a higher lubricity than its petroleum counterpart. This means less wear and tear on mechanical equipment.”
Stig Westling, CEO and Co-Founder, says: “Over 50 percent of petroleum-based lubricants are improperly disposed, releasing carcinogenic toxins into the environment. Skip To Renew’s mission is to help people skip the toxins, skip the petroleum and skip the disposal costs.”
About Skip to Renew
Skip To Renew is a San Francisco Bay Area company dedicated to producing high performance bio-based, non-toxic, and biodegradable industrial lubrication products. Skip To Renew’s dedication to sustainability is matched with a spirit of entrepreneurship and a commitment to affecting positive social and environmental change. For further information, visit the Skip To Renew website at http://www.skiptorenew.com.
About the Postcode Lottery Green Challenge
The Dutch Postcode Lottery has held the Postcode Lottery Green Challenge every year since 2007 as part of its efforts to help make the world a greener place. The Postcode Lottery Green Challenge is one of the world's largest competitions for sustainable innovation...Environmentally friendly products and services that reduce CO2 emissions and score highly on design, user-friendliness and quality are eligible to compete for the €500,000 prize. Each entrant must supply a detailed business plan so that an expert preliminary jury can determine whether his or her idea is viable. Previous winners have gone on to achieve success with their innovative inventions, thanks in part to the publicity and network around the Green Challenge.
Last year, Nick Christy from Australia won with his Water Recycling Shower.
In 2010, the American Scot Frank won for his portable, affordable multipurpose solar collector SolSource.
The 2009 winner was the Englishman Dean Gregory for The Power Collective, a company that makes nearly invisible rooftop wind turbines.
In 2008, Eben Bayer of the United States took the prize for his natural insulation material Greensulate.
And our first winner, in 2007, was Dutchman Igor Kluin, for the Qbox, a device that enables decentralised electricity generation.
For more information, see http://www.greenchallenge.info.
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebskiptorenewpostcode/090612/prweb9872248.htm