German lube manufacturer Ravensberger Schmierstoffvertrieb GmbH or Ravenol said it has received the first API SN SAE 0W-16 license from Washington, D.C.-based American Petroleum Institute (API).

“This futuristic low viscosity lubricant which uses revolutionary new additives such as Trinuclearem Molybdenum and OFM (Organic Friction Modifiers) to give it unique properties has been demonstrated to provide greatly improved fuel economy as well as extending the life span of the engine,” the company said in a press release.

RAVENOL EFE “Extra Fuel Economy” SAE 0W-16 is a high performance, low friction, fuel efficient engine oil that is suitable for both modern petrol engines and hybrid vehicles under all operating conditions, if the use of a low-viscosity oil of the grades 0W-16, 0W-20 or 5W-20 is recommended by the engine manufacturer.

“As the first company in the world to obtain the approval and licensing of this new product by the major U.S. lobby group of the oil industry, Ravensberger Schmierstoffvertrieb GmbH has brought a product to the market that sets new standards in the trend to developing economical and environmentally friendly high-performance lubricants,” the company said.

“To be the world’s first company offering an engine oil with a viscosity of 0W-16 and the specification API-SN fills us with pride. We evaluate the success of this venture especially high because we are a medium-sized company with comparably limited resources,” said Paul Becher, a member of the company’s executive board.