SulNOx Group PLC - Tackling the climate crisis today
RNS Number : 9938O
SulNOx Group PLC
15 June 2022
 

 

15 June 2022

SulNOx Group Plc

(the "Company" or "SulNOx") 

 

Article in "The Future of Energy Report", Published in Association with The Times

"Tackling the climate crisis today"

 

Ben Richardson, Group CEO, has      authored an article on "Tackling the climate crisis today", which was published today in "The Future of Energy Report", produced      by Raconteur Media in association with The Times.  The full report can be viewed online, with Mr Richardson's article found on page 5, at:

 

https://res.cloudinary.com/yumyoshojin/image/upload/v1655219860/pdf/future-energy-2022.pdf

 

Further information on the report can be viewed online here:

 

https://www.raconteur.net/report/future-energy-2022/  

 

A full copy of the text of Mr Richardson's article can also be found below. 

 

 

For further information please contact:

 

SulNOx Group plc
Steven Cowin, Chief Financial Officer

 

Tel: 07624 491821



Allenby Capital Limited

(AQSE Corporate Adviser)

Nick Harriss / John Depasquale

 

Tel: 020 3328 5656

 

Tackling the climate crisis today

 

There is no silver bullet for climate change. We have to stop hoping that future solutions will arrive in time to save us and act now. Ben Richardson, CEO of green fuel technology company SulNOx Group Plc, explains how we can all immediately consume less fossil fuels and reduce our carbon footprints.

 

One of the most difficult questions facing organisations chasing carbon neutrality and wanting to drastically cut back their emissions is what they can do right now," says Ben Richardson, CEO of SulNOx, the greentech company focused on next-generation, natural solutions for a carbon-neutral future.

 

"Since I joined SulNOx just over a year ago, there has been a lot of talk about long-term targets and clean energy, which absolutely needs to be the ultimate goal. Unfortunately, we have to acknowledge that is a long way off and we need immediate solutions with significant, lasting impacts to bring down      emissions today."

 

It's certainly been a very interesting first year for Richardson, a former chief operating officer and chief commercial officer with over 25 years' industry experience. Since taking up the role last May, he's already seen the staging of COP26 in Glasgow and the introduction of E10 petrol on UK garage forecourts.

 

He believes that things are not moving fast enough when it comes to decarbonisation targets. "One of the key aims of COP26 was to get the world to agree to reaching net zero emissions by 2050 and even if that had been achieved, that's still almost 30 years away. 30 years during which industry and transport will still lean heavily on fossil fuels."

 

"The introduction of E10 in the UK was designed to reduce CO2 emissions and estimated to remove 750,000 tonnes of CO2 annually, a 2% reduction equivalent to 350,000 cars, from UK Roads," explains Richardson.

 

"While it's a start, it's a drop in the ocean. What isn't yet being looked at seriously is the huge potential to reduce emissions and increase fuel efficiency through fuel formulation."

 

There has been much scepticism, supported by numerous studies and reports, largely negating aggressively marketed fuel products' claims to increase fuel efficiencies and reduce emissions, typically lacking credible scientific data or fuel compliances.

 

Richardson states, "SulNOx have fuel-compliant green products that have been repeatedly proven to significantly increase fuel efficiencies of hydrocarbon liquid fuels, reducing harmful particulate matter, NOx gases, soot, carbon and other air pollutants. It's the ideal solution to the challenges we face right now."

 

This is all the more relevant in light of a recent report by the International Energy Agency (IEA), which stated that the world's reliance on hydrocarbon liquid fuels will continue and is likely to still account for 80-90% of transport consumption in 2030. The number of industries that run on liquid hydrocarbons is legion and it's not just those running fleets of buses, coaches, vans and trucks. Shipping, oil companies, fuel storage and distribution, mining, generators, agriculture and construction all rely heavily on fossil fuels, which gives an indication of the size of the task facing organisations as they make good on their obligations to decarbonise in accordance with global governance.

 

SulNOx's advanced proprietary SulNOxEco™ Fuel Conditioners, which are both natural and biodegradable have not only been proven to significantly reduce greenhouse gases, but also particulate matter by over 50%, which is largely responsible for poor air quality and millions of deaths globally each year.

 

In addition, the use of SulNOx offers significant fuel and maintenance savings; something that is also topical given current fuel prices. Not only does this help to alleviate the current cost of living crisis, but could make the difference in the survival of businesses. In a recent report, the Road Haulage Association (RHA), stated: "Fuel represents over a third of a truck's operating costs, yet profit margins are between 1% and 2%....every penny increase makes a massive difference."

 

To demonstrate SulNOxEco™ Fuel Conditioner's track record, concrete haulier Besblock have been using the conditioners across their fleet over an extensive period, enjoying around 8% fuel savings and considerably less maintenance and downtime costs, while also reducing CO2, particulate matter and other greenhouse gas emissions. Similarly, bus and coach operator E&M Horsburgh saw a reduction of 9% in fuel consumption.

 

Last week, Tarmac, the UK's leading sustainable building materials and construction business, announced its trial with SulNOx at its Hopkins concrete plants, as part of ongoing corporate commitments to reduce emissions across its nationwide fleet of heavy goods vehicles. John Anderson, national logistics director at Tarmac, said: "As a leading sustainable business and the operator of one of the largest HGV fleets in the industry, it's critical that we continue to explore, pursue and identify ways of reducing emissions and boosting fuel efficiency."

 

Richardson states: "This is the sort of real action businesses must take to drive down emissions immediately and we are delighted to be working with Tarmac who have a strong sustainable ethos. By adding SulNOx to the diesel, petrol or biofuel used by an engine you are increasing the surface area of fuel available to mix with oxygen, as well as releasing additional oxygen to improve combustion efficiency, which reduces fuel consumption and costs, at the same time as reducing emissions. And unlike traditional fuel additives, SulNOx's additives also add significant lubricity, surfactants and detergents to continuously clean the engine - like a continuous service, also helping to reduce maintenance costs."

 

The need for increasing efficiencies of internal combustion engines was collectively highlighted recently by world-leading authorities including the United Nations, IEA and International Council of Clean Transportation, stating fuel economy must improve in new vehicles on average by 4.3% per year, if environmental pledges are to be met by 2030. SulNOx conditioners can make a significant contribution not only across new vehicles, but much further to the existing 1.4 billion vehicles globally and across the spectrum of other significant sectors reliant on hydrocarbon liquid fuels.

 

"Our mission is to provide immediate and tangible progression towards carbon neutrality for these users," adds      Richardson. "The stark reality is that fossil fuels will continue to dominate our energy requirements as we work towards net zero and every company has a responsibility to immediately reduce emissions from their existing operations while they work their way towards bigger goals. In my first year as CEO, I've witnessed lots of talk, a lot of promises to achieve X by Y, but I hope in the next year, I will see more action and interventions that can have an immediate effect for a future that's cleaner and greener."

 

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