SulNOx Group PLC

Climate Impact & Sustainability Data (2023)

Secured US and European patents for fuel emulsifier technologies that reduce fossil fuel consumption and harmful emissions.
First revenues in the multi-billion dollar demulsification market, reducing oil reclamation processing time and improving efficiency.
End-to-end carbon lifecycle analysis completed, demonstrating SulNOx's carbon footprint.

Awards: SulNOx won the Logistics Leaders Network innovation award and its distributor, ElimiNOX, won the UK Ports Association Greentech Environmental Award.
Increased number of Independent Sales Organisations (ISOs) and introducers to c.90, with sales in 26 countries.
Sponsorship of "Legends Racing", demonstrating product effectiveness and improved engine performance.

Reviewing board and senior management diversification to attract and retain talent.
Continuously reviewing the adequacy and effectiveness of the Group’s risk management and internal control system.
Commitment to the ten principles of corporate governance as practiced by the AQSE market.

Long-term Goals:

Medium-term Goals:

Partner with telematics companies to monitor fuel consumption and engine efficiencies.
Expand partnerships with Green Sea Guard and Forecast Technologies Limited for emissions monitoring and product traceability.
Expand into superyachts, container and bulker vessels, ports, and other shipping sectors.
Expand into mining and construction sectors globally.
Progress oil reclamation patent and seek partnerships with ports and environmental service companies.

Short-term Goals:

Partner with fuel traders or major oil producers to replace existing additive packages with SulNOx.

Delayed testing results and an uncertain business landscape.
Reshuffling of the management team.
Global economic challenges and inflationary pressures due to the ongoing war in Ukraine.
Brexit impacts on administration, taxation, and market volatility.
Funding risk mitigated by fundraising efforts but with potential need for further share issuance.

Attracting new strategic investors.
Strengthening the sales force by overhauling the business structure.
Exercising financial prudence and tightening operating costs.
Establishing facilities in the Netherlands to fulfill European orders.
Salary and fee reductions for directors, employees, and consultants until significant sales are generated.
Thorough review and cancellation or reduction of 3rd party engagements.

Significant Regulatory pressures and enforcement measures to penalize fossil fuel usage

Increased demand for SulNOx due to regulatory pressures and lack of viable alternatives.

SulNOx's fuel emulsifier technologies contribute to these goals by reducing fossil fuel consumption and harmful emissions.