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Sulnox Group PLC - London-based green fuel technology developer - Secures a patent for Eurasia in the fuel oil reclamation market. The patent covers the jurisdictions of Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Turkmenistan. The intellectual property protected for the ‘Sulnox Reclaim’ product is an improved oil/water separation methodology developed by Sulnox, incorporating its patented green emulsification technologies.
Chief Executive Ben Richardson comments: ‘This further patent for Eurasia is an important extension of our intellectual property in fuel reclamation, supporting a sizeable revenue opportunity in the global maritime industry for tackling the specific area of ship slops. We look forward to announcing further expansion of our patent portfolio as we target new sectors and markets worldwide.’
Current share price: 45.00p, closed down 9.1% in London on Friday
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