SNOX.AQSE

SulNOx Group plc
SulNOx Group PLC - Indonesia patent granted
2nd July 2024, 06:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 7004U
SulNOx Group PLC
02 July 2024
 

2 July 2024

 

 

SulNOx Group Plc

(the "Company" or "SulNOx")

 

 

(Aquis Stock Exchange: SNOX)

 

Indonesia patent granted

 

SulNOx, the Greentech innovation company helping industry reduce emissions, lower fuel costs and meet sustainability targets, is pleased to announce that it has secured a further significant patent in Indonesia.

 

Consistent with patents for the US, Europe, Eurasia, Georgia, South Africa, Hong Kong and China already granted to SulNOx, this latest patent covers a range of formulation versions which includes both the Berol® 6446 Heavy Fuel Oils (HSFO) emulsifiers and SulNOxEco™ Fuel Conditioners which enhance all diesel, petrol/gasoline and biofuels, Very and Ultra Low Sulphur Fuel Oils (VLSFO/ULSFO) and other lighter marine fuels. 

 

Indonesia is an important market for SulNOx as it extends its reach among global customers across several industry sectors including mining, marine, oil & gas, transportation and offshore companies. Its population of more than 275 million is the world's fourth largest, with car ownership growing and a retail market already serviced by SulNOx master distributor A&S International through its distribution network.

 

Indonesia is a global player in mining, estimated by the U.S. Department of Commerce to supply more than a quarter of the world's mineral supply. In addition, Indonesia is one of the largest maritime countries in the world, with key port cities Jakarta, Surabaya and Medan leading out of more than 2,000 ports throughout its 17,000 island archipelago. Worldoils Pte Ltd is already actively promoting SulNOx products with strong interest from several large Indonesian shipping companies.

 

Ben Richardson CEO of SulNOx Ltd. commented: 

 

"Indonesia is a major addition to our growing patent estate, representing a huge potential market for SulNOx across a variety of sectors and use cases. Alongside our strong partnerships for distribution in the region, this exciting new development equips us well to grow our revenue pipeline and address very significant client opportunities with immediate effect."

 

 

ENDS

 

For further information please contact:

 

SulNOx Group plc

Steven Cowin, CFO

steven.cowin@sulnoxgroup.com

 

Allenby Capital Limited

(AQSE Corporate Adviser)

Nick Harriss / John Depasquale

 

Tel: 020 3328 5656

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NEXUAOARSVUBRUR]]>
TwitterFacebookLinkedIn