21 February 2025
SulNOx Group Plc
(the "Company" or "SulNOx")
Malaysia patent
granted
(Aquis Stock Exchange:
SNOX)
SulNOx, the greentech innovation company helping industry lower
fuel costs, reduce emissions and meet sustainability
targets, is pleased to
announce that it has
secured a further patent in
Malaysia.
Consistent with SulNOx's patents
granted to date in other major markets, this latest patent
covers a range of formulation versions which
includes both the Berol® 6446 Heavy Sulphur Fuel Oils (HSFO)
emulsifiers and SulNOxEco™ Fuel Conditioners which enhance all
diesel, petrol/gasoline and biofuels, and marine fuels including
Marine Gas Oil (MGO) and Marine Diesel Oil (MDO), Very and Ultra
Low Sulphur Fuel Oils (VLSFO/ULSFO) and HSFO.
Malaysia is a significant new patent
for SulNOx, consolidating the Company's representation in South
East Asia, where it has also been granted patents in neighbouring
Indonesia and Singapore.
SulNOx
believes the new patent will support its
development of revenue opportunities with major industrial groups
in Malaysia and surrounding areas.
The maritime industry, in which SulNOx has rapidly
gained traction worldwide with its products, contributes
approximately 40 per cent of the country's Gross Domestic Product
(Source: Government of Malaysia,
2024). Malaysia has close to 3,000 miles of coastline
and eight major ports. Its largest, Port Klang, is the world's
12th largest port and second only to Singapore in South
East Asia. Malaysian operators of oil tankers and liquefied natural
gas (LNG) carriers are among the world's largest.
Inland, a road
system totaling more than 180,000 miles of highway is a critical
carrier of freight and passenger traffic, marking a further major
sector facing significant decarbonisation challenges and targeted
by SulNOx.
Ben Richardson, CEO
of SulNOx, commented:
"Our Malaysia patent is an important piece of the jigsaw for
us in South East Asia and a welcome addition to a growing
portfolio. SulNOx has identified several opportunities in this
exciting market, where many large industrial players are under
pressure to meet tough sustainability goals while working hard to
reduce fuel costs. We are encouraged by the potential to deploy our
zero-capex solutions at scale across key sectors in Malaysia and
its neighbours in the region."
ENDS
For further information please contact:
SulNOx Group plc
Alex
Judd
Head of Marketing &
Communications
|
alex.judd@sulnoxgroup.com
|
Allenby Capital Limited
(AQSE Corporate Adviser)
Nick Harriss / John Depasquale
|
Tel: 020 3328 5656
|