SulNOx Group PLC Certification of SulNOxEco Fuel Conditioner (2653Q)
February 25 2021 - 2:00AM
UK Regulatory
TIDMSNOX
RNS Number : 2653Q
SulNOx Group PLC
25 February 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310 .
25 February 2021
SulNOx Group Plc (the "Company" or "SulNOx")
Further Certification for SulNOxEco (TM) Fuel Conditioner
(Aquis Stock Exchange: SNOX)
The board of the directors of the Company (the "Board") is
pleased to confirm that the UK unit of Bureau Veritas (
https://www.bureauveritas.co.uk/ ), a world-leading provider of
testing, inspection, and certification services, has certified that
automotive gasoline / petrol fuel with the Company's SulnoxEco(TM)
Fuel Conditioner added at the recommended level of 1 part per 1000,
continues to comply with the European Committee for
Standardization's EN-228 standard. This certification also means
that SulNOx meets most US specifications based on tests performed
and results obtained.
Following on from the similar diesel certification (announced 20
January 2021), this is a further landmark moment for the SulNOx
group. Gasoline/Petrol users of SulnoxEco(TM) Fuel Conditioner will
now also benefit from significantly improved engine and fuel
performance whilst retaining any engine warranties that they may
hold.
Radu Florescu, CEO, commented , "as an American, I am delighted
that the SulNOx proprietary technology has now incorporated
gasoline, which is the main fuel used in the US by automobiles,
where we see particular opportunities in the SUV/light truck
sectors. Around 45% of each barrel of oil is turned into
gasoline/petrol so this has the potential to become a very large
market indeed for our company. This certification proves our
technical team's expectations that the environmental and fuel
benefits enjoyed in Diesel engines are now available to Petrol
engines as well."
Ben Richardson, COO, added , "previously, SulNOx stated that its
proprietary technology covered over 30% of the hydrocarbon world,
but from today that figure moves to over 70%. The marketplace for
the SulNOx products now covers around 11 billion litres of these
fuels each and every day. This must be seen as an exciting day for
anyone involved in the climate change debate given SulnoxEco(TM)
Fuel Conditioner offers both immediate cost savings and emissions
reductions."
The SulNOxEco(TM) Fuel Conditioner is produced under licence by
Nouryon and the Board is confident that production can be scaled-up
as demand requires.
Enquiries:
SulNOx Group Plc
Tony Granger, Non-Executive tony.granger@sulnoxgroupplc.com
Chairman
AQSE Corporate Adviser :
Allenby Capital Limited
Nick Harriss / John Depasquale 020 3328 5656
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END
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