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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sulnox Group PLC | AQSE:SNOX | Aquis Stock Exchange | Ordinary Share | GB00BJVQQP66 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 31.00 | 29.00 | 33.00 | 31.30 | 30.24 | 31.00 | 13,475 | 16:29:59 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMSNOX
RNS Number : 4995Z
SulNOx Group PLC
21 September 2020
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
SulNOx Group Plc (the "Company" or "SulNOx")
Agreements with Nouryon Surface Chemistry AB ("Nouryon")
(Aquis Stock Exchange: SNOX)
Date 21 September, 2020
The Company announces that it has today entered into new agreements with Nouryon where Nouryon agrees to manufacture the Company's two products; an HFO Emulsifier and a Diesel Conditioner.
During 2018, SulNOx and Nouryon entered into a Technology Licence Agreement and an Agency Agreement covering the two products which would carry Nouryon brand names. These agreements became effective in August 2018 with a two-year term.
Both Agreements have been renewed for a further three years but now relate only to a single product which will continue with the existing Nouryon name of Berol 6446 (Emulsifier).
The Diesel Conditioner now falls under a separate Manufacturing Agreement with Nouryon which specifies minimum order quantities. This product has been given the name SulNOxEco(TM) Diesel Conditioner.
Nicholas Nelson, Chief Executive, commented:
"We are grateful for Nouryon's continued support for the two fuel products, which are marketed worldwide exclusively by our subsidiary SulNOx Fuel Fusions Limited"
"Nouryon is a global specialty chemicals leader with the resources to source the raw ingredients and manufacture in large quantities."
Enquiries:
Hot Features
Premium
Nicholas Nelson, Chief Executive sulnox@flagstaffcomms.com
Media and Investors:
Flagstaff, Strategic and Investor sulnox@flagstaffcomms.com
Communications
----------------------------
AQSE Corporate Adviser :
Allenby Capital Limited
John Depasquale / Nick Harriss /
James Hornigold 020 3328 5656
----------------------------
The directors take responsibility for this announcement.
About SulNOx Group Plc
SulNOx, www.sulnoxgroup.com , has developed a hydrocarbon fuels conditioning and emulsifying process which enables more efficient fuel combustion, potentially leading to reduced fuel consumption and significantly lowered emissions.
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END
NEXUWSWRROUKAAR
(END) Dow Jones Newswires
September 21, 2020 02:00 ET (06:00 GMT)
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