THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
30 June 2021
SulNOx Group Plc (the "Company" or "SulNOx")
Further Certification for SulNOxEcoTM Fuel Conditioner - EN16709 Diesel Biofuels
(Aquis Stock Exchange: SNOX)
The board of directors of SulNOx (the "Board") is pleased to announce that Bureau Veritas has certified that High FAME B20 & B30 diesel fuels using the SulnoxEco™ Fuel Conditioner are compliant with EN16709 as well as EN590 (the standard for all diesel fuels). This is an exciting and major step forward for us as these "Biodiesel Fuels" are critical in the path to Zero Emissions by 2050. B20 and B30 are diesel fuel blends which contain 20% and 30% biodiesel respectively, the remaining 80% and 70% being conventional diesel refined from crude oil.
Jimmy Redman Jnr, the creator of the SulNOx proprietary technology commented, "When we received our certification for both Petrol and Diesel, we were justifiably excited, however, the world also needs biofuels that are renewable. This Certification for these new fuels shows that SulNOx is technologically very advanced and now can address a market that is expected to grow exponentially in the decades ahead".
Ben Richardson, the CEO of the SulNOx Group commented, "Our unique, natural technologies already have the ability to immediately improve >70% every barrel of oil by enhancing diesel, petrol and HFO. Until the advent of a fully green alternative, however, we will still need solutions to reduce fossil fuel emissions. Low emission biofuels will help and are a very fast expanding market, and SulNOx's green tech can play an important part of that growth by helping to further reduce their emissions whilst also addressing the lubricity and issues arising from water with biofuels".
Radu Florescu, the Chairman of the SulNOx Group summarised as follows, "the SulnoxEco™ Fuel Conditioner saves money for diesel and petrol users and reduces the toxic emissions markedly, but from today we can also be seen as an advanced technical player in the fast growth Biodiesel Fuel Market. In simple terms, the SulNOx Group can help everyone burning hydrocarbons to save money and save the planet at the same time".
SulNOx Group Plc
Tony Granger, Chief Administration Officer
AQSE Corporate Adviser:
Allenby Capital Limited
Nick Harriss / John Depasquale
020 3328 5656