SulNOx Group PLC First Order Costa Rica & Additional German Order (3467U)
01 August 2022 - 4:00PM
UK Regulatory
TIDMSNOX
RNS Number : 3467U
SulNOx Group PLC
01 August 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
1 August 2022
SulNOx Group Plc (the "Company" or "SulNOx")
First order Costa Rica and additional large order in Germany
(Aquis Stock Exchange: SNOX)
The board of the directors of the Company (the "Board") is
pleased to announce, further sales of its SulNOxEco(TM) Fuel
Conditioner product through master distributor A&S
International ("A&S").
Swiss Fuel Services have now purchased an additional
intermediate bulk container of circa 1,000 litres of SulNOxEco(TM)
Fuel Conditioner, just 1 month after the last significant order.
This further repeat purchase follows the commencement of the first
of several large-scale shipping evaluations on one of three tankers
from a fleet of >40 vessels. Swiss Fuel Services have
conservatively estimated that they will purchase a further 9,000
litres of SulNOx in 2022 and additional, larger orders expected in
2023.
SulNOx have also sold product into Costa Rica for the first
time. Another sub-distributor of A&S, Central de Mangueras
("CDM") has made an initial purchase for evaluations with their
clients. CDM is an industrial and automotive company, established
four decades ago, serving the entire national territory from 12
branches. It has more than 200 collaborators and a unit of sales
consultants who visit the main companies in Costa Rica. CDM's
points of sale include more than 20 strategic partners who are
responsible for the distribution of products.
Ben Richardson, CEO of SulNOx commented, "Costa Rica has often
been celebrated as an environmental leader and one of the most
sustainable countries in the world. SulNOx have already supplied
conservationist, Captain Pete Bethune, famous for his disruption of
Japanese whaling activities and founder of Earthrace Conservation
with product to support the Government Environmental Agency SINAC
in various campaigns protecting Costa Rica's national parks. We are
therefore thrilled that A&S continues to expand the sales of
SulNOx to their global network and very pleased to partner with CDM
and help deliver Costa Rica's decarbonisation agenda."
Gustavo Munoz, Commercial Director at CDM, said of the initial
order, "We are delighted to purchase our first SulNOx stock. CDM
are specialists in providing Integral Solutions that add value to
the operation of our clients. We stimulate industry, agriculture,
construction and free zones, in addition to the country's
automotive industry with high-tech products. As a natural and
green, biodegradable solution to reducing emissions, SulNOx will
play an important part in our product portfolio for our
clients."
For further information please contact:
SulNOx Group plc Tel: 07624 491821
Steven Cowin, Chief Financial
Officer
Allenby Capital Limited Tel: 020 3328 5656
(AQSE Corporate Adviser)
Nick Harriss / John Depasquale
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