This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Agreements with
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Date
The Company announces that it has today entered into new agreements with Nouryon where Nouryon agrees to manufacture the Company's two products; an HFO Emulsifier and a Diesel Conditioner.
During 2018, SulNOx and Nouryon entered into a Technology Licence Agreement and an Agency Agreement covering the two products which would carry Nouryon brand names. These agreements became effective in
Both Agreements have been renewed for a further three years but now relate only to a single product which will continue with the existing Nouryon name of Berol 6446 (Emulsifier).
The Diesel Conditioner now falls under a separate Manufacturing Agreement with Nouryon which specifies minimum order quantities. This product has been given the name SulNOxEco™ Diesel Conditioner.
"We are grateful for Nouryon's continued support for the two fuel products, which are marketed worldwide exclusively by our subsidiary
"Nouryon is a global specialty chemicals leader with the resources to source the raw ingredients and manufacture in large quantities."
Enquiries:
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Media and Investors: Flagstaff,
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AQSE Corporate Adviser :
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020 3328 5656
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The directors take responsibility for this announcement.
About
SulNOx, www.sulnoxgroup.com, has developed a hydrocarbon fuels conditioning and emulsifying process which enables more efficient fuel combustion, potentially leading to reduced fuel consumption and significantly lowered emissions.
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