SulNOx Group PLC Appointment of New US Distributor (0376H)
21 November 2022 - 8:15AM
UK Regulatory
TIDMSNOX
RNS Number : 0376H
SulNOx Group PLC
21 November 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310
21 November 2022
SulNOx Group Plc (the "Company" or "SulNOx")
Appointment of New US Distributor
(Aquis Stock Exchange: SNOX)
The board of the directors of the Company (the "Board") is
pleased to announce the appointment of USA based Steele
Environmental, an Independent Sales Organisation ("ISO"), to
promote SulNOx products across global shipping markets and
commercial land-based transportation across North America.
The Steele Environmental team has been working with the shipping
industry to help identify solutions in advance of Carbon Intensity
Indicator (CII) regulations coming into force in January 2023 where
ship operators are required to reduce fuel consumption and their
environmental impact year on year.
Larry Parsons, CEO of Steele Environmental said "After months of
reviewing alternative solutions, our team is clear that SulNOx
stands head and shoulders above any other solutions capable of
having significant and immediate impact in reducing fuel
consumption, emissions and pollution from fossil and biofuels. It
is exciting to see the amazing test results and adoption of SulNOx
products in the marketplace and we have numerous transportation
customers lined up to integrate SulNOx's solutions in their fleets.
We are proud to be chosen as a key distributor for Maritime and
North American vehicle fleets."
Nawaz Haq of SulNOx Fuel Fusions Ltd commented, "We have reached
a crucial point in the climate emergency where more must be
tangibly delivered. With the lack of viable, cleaner alternatives
in the short to medium term, it is imperative that industries, such
as shipping and transportation, take immediate measures to reduce
their environmental impact from fossil fuels. Given the scale of
fuel consumption of their client base, and how opportunities are
already progressing, we are very excited to have Steele
Environmental join our global network of ISOs to deploy our
products from North America to make a material impact in addressing
climate change."
- Ends -
For further information please contact:
SulNOx Group plc steven.cowin@sulnoxgroup.com
Steven Cowin, Director
Allenby Capital Limited Tel: 020 3328 5656
(AQSE Corporate Adviser)
Nick Harriss / John Depasquale
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