SulNOx Group PLC New Collaboration Agreement (7053B)
14 Juni 2021 - 8:00AM
UK Regulatory
TIDMSNOX
RNS Number : 7053B
SulNOx Group PLC
14 June 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
14 June 2021
SulNOx Group Plc (the "Company" or "SulNOx")
New Collaboration Agreement
(Aquis Stock Exchange: SNOX)
The board of directors of SulNOx ("the Board") is pleased to
announce a collaboration agreement with The Hythe Group, a UK-based
group specialising in the provision of premium mechanical,
building, design and engineering services.
This far-reaching arrangement is to bring together the unique
environmental science of SulNOx and the maritime engineering skills
of Hythe Marine Services (a Hythe Group company) built up over the
last 15 years at all levels from small vessels up to aircraft
carriers. As a professional combined team, we aim to be able to
educate and deliver SulNOx's proprietary technologies to the
world's largest shipping companies, through engineers of the
highest standing. Together, we wish to save ship operators money
through reduced fuel consumption and significantly reduce toxic
emissions.
Josh Mathias, Managing Director of The Hythe Group, commented,
"As a British engineering company, that has a strong connection to
the Maritime Industry, we welcome the chance to work with SulNOx in
the quest to help the shipping industry adopt this exciting and
unique cost-saving green technology."
Ben Richardson the CEO of the SulNOx Group commented, "To be
credible in front of the world's most prestigious shipping
companies, we must add engineering skills of the highest order to
our scientific offering. The Hythe Group have all the necessary
regulatory approvals to go aboard Naval and Merchant ships alike
and have all the top-quality engineering capabilities that we need
for an industry that moves over 90% of world trade. We are
genuinely excited by this collaboration agreement."
Enquiries:
SulNOx Group Plc
Tony Granger, Chief Administration tony.granger@sulnoxgroupplc.com
Officer
AQSE Corporate Adviser :
Allenby Capital Limited
Nick Harriss / John Depasquale 020 3328 5656
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END
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