Mats Backlund

Clean Oil Technology AB engages in the development, marketing, and sale of patented environmental technology. Its technology reduces intrusion of water in operating oils will extend the life-span of the system components as well as of the oil itself. The firm operates through the following segments: Marine, Wind Power, Hydropower, and Other Hydraulic, Lubrication, and Industrial Systems. The company was founded in 1998 and is headquartered in Ljungby, Sweden.