THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310
15 March 2022
SulNOx Group Plc (the "Company" or "SulNOx")
New Agreement in
(Aquis Stock Exchange: SNOX)
SulNOx, the fuel decarbonisation specialists, is pleased to announce new large-scale evaluations of its SulNOxEco™️ Fuel Conditioner product in
An initial order of 2,000 litres of SulNOxEco™️ Fuel Conditioner, which treats 4 million litres of diesel, has been purchased demonstrating SulNOx's successful African strategy. NTL will leverage its longstanding ties with several clients across multiple countries and sectors with significant fossil fuel consumption.
NTL is part of the Nationwide Group, one of
Nationwide Group CEO, Mr. Frank Osei, said of the partnership, "As a business focused on providing results driven solutions, sustainability and decarbonisation are things we care passionately about. We believe that sustainability is one of the foundations of successful economic development and as such forms a critical element of our efforts to minimise the adverse impact of industry. We are delighted to be expanding our evaluations of the SulNOx product which could pave the way for significant cost and emissions reduction in the country."
Ben Richardson, CEO of SulNOx commented, "We are very pleased to be partnering with Nationwide and helping them tackle some of their biggest priorities. The climate emergency is a health emergency and with air pollution killing more people in
With the potential to reduce particulate matter by 50-60% and greenhouse gases including carbon dioxide by c. 200 grams for every litre of diesel from using the SulNOxEco™️ Fuel Conditioner, Dr. Andrew Boye, Head of Authentication Services at NTL, adds, "We are really excited about the prospect of the introduction to the market of the SulNOxEco product as it would help reduce carbon emissions which is presently quite high.
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For further information please contact:
SulNOx Group plc
Allenby Capital Limited
(AQSE Corporate Adviser)
Nick Harriss / John Depasquale
Tel: 020 3328 5656