Gold Bond Resources, Inc. Appoints Brenntag Latin America as Exclusive Distributor
20 November 2003 - 6:21AM
PR Newswire (US)
Gold Bond Resources, Inc. Appoints Brenntag Latin America as
Exclusive Distributor STAFFORD, Texas, Nov. 19
/PRNewswire-FirstCall/ -- Gold Bond Resources, Inc. (BULLETIN
BOARD: GOBM) announced today that its wholly owned subsidiary,
EnerTeck Chemical Corp. ("EnerTeck"), has entered into a Memorandum
of Understanding under which it has appointed Brenntag Latin
America ("Brenntag") as an exclusive distributor of its
EnerBurn(TM) combustion catalyst for diesel engines. The
arrangement grants Brenntag marketing exclusivity in the Latin
American countries of Colombia, Venezuela, Ecuador and the
Dominican Republic. EnerBurn is an environmentally proactive diesel
fuel additive and engine treatment technology that is field proven
to increase fuel efficiency and reduce emissions of NOx, soot and
smoke. This month, Brenntag will start marketing activities that
are directed toward large diesel fuel consumers, which include
those in the trucking, maritime shipping and rail/locomotive
industries, as well as other large commercial and industrial users
of diesel fuel. According to information supplied by the U.S.
Energy Information Administration, Colombia, Venezuela, Ecuador,
and the Dominican Republic consume in excess of 3.5 billion gallons
of diesel fuel on an annualized basis. EnerTeck's flagship product,
EnerBurn Combustion Catalyst for Diesel Fuel, forms a non-hazardous
catalytic surface on the diesel engine's combustion chamber and
piston heads. This catalyst lowers the combustion temperature of
carbon and accelerates oxidation. Verifiable results include:
increased fuel economy of between 8-15%, reduced engine wear of
40-50%, and increased horsepower of approximately 4%. EnerBurn's
contribution to the environment includes decreased smoke of 25-60%
and reduced NOx emissions of 10-15%. EnerBurn was introduced
commercially by Nalco/Exxon Energy Chemicals, L.P., a joint venture
between Nalco Chemical Corporation and Exxon Corporation. In
January of 2001, EnerTeck commenced the marketing of EnerBurn to
large trucking, maritime shipping, and rail/locomotive companies
domestically, as well as in the United Kingdom, Japan and South
America. Brenntag notes "that most competitive products professing
to have benefits comparable to EnerBurn do not have actual sales
performance references and test data to support the claimed
benefits in connection with the use of their products." Brenntag
"is optimistic about marketing EnerBurn because EnerTeck has sales
references as well as a large accumulation of successful engine
test data from the well-known Southwest Research Institute." This
institute is an internationally recognized non-profit research
organization for fuel, lubricant and emissions research activities,
as well as for commercial applications. About Brenntag Latin
America Brenntag Latin America, with offices in Houston, Texas, is
the Latin American sales division of The Brenntag Group. The Group
is the world's leading chemicals logistics and distribution company
offering a global network for purchasing and supplying industrial
and specialty chemicals with over 300 locations throughout the
world. In addition to distributing chemicals, The Brenntag Group
bundles the product lines of big chemical producers and turns them
into a flow of goods tailored to each customer's specific needs.
Additional information about Brenntag Latin America and the
Brenntag Group can be obtained by contacting Fernando Acosta at
(011) (58)212263-4633 or by visiting Brenntag Latin America's web
site at http://www.brenntagla.com/ . About EnerTeck Chemical Corp.
EnerTeck Chemical Corp. is a wholly owned subsidiary of Gold Bond
Resources, Inc., a company focused on the development and/or
acquisition of combustion enhancement, emission reduction, and
other environmentally friendly technologies. EnerTeck's diesel fuel
specific combustion catalyst, EnerBurn, has begun to establish a
foothold in the domestic diesel engine marketplace for use in
on-road vehicles, locomotives and marine engines. The product is
also being sold in Europe, Japan and South America. Additional
information can be obtained by contacting the Company's CFO, Leon
van Kraayenburg at (281) 240-1787 or by visiting the Company's web
site at http://www.enerteck.net/ . About Gold Bond Resources, Inc.
Gold Bond Resources, Inc. acquired EnerTeck Chemical Corp. in
January 2003. With this first acquisition, Gold Bond intends to
continue to pursue acquisitions within the energy technology arena.
Further information about Gold Bond Resources, Inc. may be obtained
by contacting the Company's President, Parrish B. Ketchmark, at
(800) 220-8174. This release contains certain forward-looking
statements within the meaning of the Federal Securities Laws. Such
statements are based on assumptions that Gold Bond Resources, Inc.
believes are reasonable, but which are subject to a wide range of
uncertainties and business risks. Factors that could cause actual
results to differ from those anticipated are discussed in Gold
Bond's filings with the Securities and Exchange Commission (at
http://www.sec.gov/ ), including its Annual Report on Form 10-KSB
for the year ended July 31, 2001 and its Registration Statement on
Form SB-2 filed on September 17, 2003. DATASOURCE: Gold Bond
Resources, Inc. CONTACT: Parrish B. Ketchmark of Gold Bond
Resources, Inc., +1-800-220-8174; or Leon van Kraayenburg of
EnerTeck Chemical Corp., +1-281-240-1787; or Fernando Acosta of
Brenntag Latin America, +011-58-212263-4633 Web site:
http://www.sec.gov/ Web site: http://www.enerteck.net/
http://www.brenntagla.com/
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