IN BRIEF: SulNOx inks distribution deal with Fluid Intelligence

SulNOx Group PLC - London-based green fuel technology developer - Announces distribution agreement with Finnish net zero lubrication solutions provider Fluid Intelligence Oy. Fluid Intelligence serves the heavy industry, logistics, and process sectors. SulNOx says the deal is ‘a unique and highly complementary extension to [Fluid’s] existing services’ as Fluid Intelligence has not, to date, operated in the fuel segment. However, it ‘serves all of SulNOx’s key target sectors: marine, road fleets and logistics, mining and heavy equipment, industrial and manufacturing, and power generation.’ SulNOx says the agreement includes distributing its core product, Sulnox Eco, throughout Fluid Intelligence’s distributor network after an initial launch in Finland, as well as through other proposed channels including direct sales, online and digital marketing, industry events and trade shows.

SulNOx Chief Executive Ben Richardson comments: ‘Fluid Intelligence present an exciting, multi-industry distribution opportunity in the Nordic market, with significant potential further afield. We look forward to demonstrating Sulnox Eco’s capabilities in marine, road transport and far beyond, supported by our new partner’s deep understanding of the needs of major businesses striving towards net zero against a background of rising costs.’

Current stock price: 55.00 pence

12-month change: down 42%

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