IN BRIEF: SulNOx inks exclusive agency agreement with Technava
SulNOx Group PLC - London-based hydrocarbon fuel developer - Signs exclusive agency agreement for Greece and Cyprus with Technava SA, a ‘leading’ supplier and contractor of shipbuilding and industrial equipments in the two countries. ‘The new initiative extends SulNOx’s reach in the globally important and highly influential Greek maritime sector, in which it has existing partnerships with major operators,’ SulNOx says, adding that Greece has the world’s largest shipping fleet by size, controlling around 18% of the world’s shipping capacity.
Technava Managing Director Styliani Tomazos says: ‘Our customers across all industry sectors are under significant pressure to meet regulatory expectations for emissions reduction, while seeking also to achieve cost savings from lower fuel consumption. By offering SulNOx as a zero-capex energy transition solution that yields significant and rapid results, we are reinforcing our commitment to helping customers save money and minimise the environmental impact of their businesses. We look forward to promoting SulNOx as a unique greentech proposition for industry, with very compelling benefits.’
Current stock price: 99.60 pence each, down 0.4% on Tuesday
12-month change: up 6.0%
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