SulNOx Group PLC - SulNOx diversifies into demulsification market
Announcement provided by
SulNOx Group Plc · SNOX04/05/2023 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310
4 May 2023
SulNOx Group Plc (the "Company" or "SulNOx")
SulNOx diversifies and secures first revenues in multi billion Dollar demulsification market
(Aquis Stock Exchange: SNOX)
The board of the directors of the Company (the "Board") is pleased to announce that SulNOx has diversified into an entirely new market for its patented proprietary chemistry. Working with Cleaner Fuel Solutions Pty Ltd ("CFS") in
Following a program which included laboratory demonstration, small batch processing, and a laboratory scale proof of concept flow process, CFS have now begun construction of their first pilot production plant close to the port of
Dr Neil Roussouw of CFS, a chemical engineer, former senior lecturer at the University of
Mr. Shane Nienaber of Fuel Fusions SA, also based in the province of Kwa Zulu Natal, and independent distributors for SulNOx products in
Jimmy Redman, Inventor of SulNOx products and Managing Director of SulNOx Fuel Fusions Ltd. stated, "It is most satisfying to work with the CFS experts and their application and processes, developed from our patented formulations. We look forward to their expansion plans, with the demulsification market representing significant, repeat, global revenue opportunities for SulNOx as a fast-growing global market already worth
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For further information please contact:
SulNOx Group plc
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Allenby Capital Limited (AQSE Corporate Adviser) Nick Harriss / John Depasquale
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Tel: 020 3328 5656 |
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