7 September 2022
SulNOx Group Plc (the "Company" or "SulNOx")
Further expansion in the marine sector
RemNOx, Scottish-based Distributor for SulNOx, appoints established marine specialists Coastal Workboats Ltd to expand sales
(Aquis Stock Exchange: SNOX)
The board of the directors of the Company (the "Board") is delighted to announce that Coastal Workboats Ltd ("CWB") has become a sub distributor for Independent Sales Organisation ("ISO") RemNOx Ltd ("RemNOx") and has already purchased RemNOx Eco Conditioner products (licensed versions of the SulNOxEco™️ Fuel Conditioner products) with sales orders already secured with their clients.
Brian Pogson, Managing Director of CWB commented "The RemNOx fuel conditioner product range has been proven to improve consumption figures significantly and hence also reduces emissions. This fits with our ethos of working with technologies that have a positive environmental impact and hence we welcomed the opportunity to collaborate with RemNOx. Whilst there are many technologies under development that aim to contribute to the move towards net zero, we also need to be aware of products that can have an immediate positive impact on existing combustion engine performance which the RemNOx fuel conditioner range does. We are excited to get this partnership underway and make the RemNOx range available to our customers from late August from both our bases in
Khalid Sabri, CEO of RemNOx added "We are so pleased to welcome CWB to our family of contracted, front-line representatives. The professionalism, experience and in-depth knowledge that they bring to the table will also provide reliable and dependable representations for our products and methodologies. CWB's reputation and strong ties with their numerous clients will deliver new and expanding opportunities for further deployment of the green technology, with every client becoming another positive step towards removing pollution from our lives and saving fuel and maintenance costs at the same time"
Nawaz Haq of SulNOx Fuel Fusions Ltd, stated, "We are experiencing strong demand from the marine sector following impressive results from both clients and academia. Having such established technical marine specialists as CWB recognise that our green technologies can help solve real problems and challenges, such as diesel bug, adds further weight still.
Given a single CWB specialty vessel can have c.160,000 litres of fuel capacity, and with Fishing vessels also consuming large volumes of fuel, we also expect significant sales in the near future. Half of
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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
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