Sulnox Group (LSE:SNOX) said a new distribution agreement with DLBC S.A.S opens a direct route to France's land-based markets, potentially including agriculture, fleets, consumers and industry.
Sulnox, the greentech company delivering lower fuel costs and emissions with zero capex, will supply its Sulnox Eco technology, while DLBC, a company founded by former Castrol executives that distributes around 14 million litres a year to generate c.$50 million of turnover, will provide manufacturing, distribution, technical support and OEM channel access.
The new partnership aims to demonstrate Sulnox Eco's ability to improve combustion efficiency, reduce soot and protect engines under high-load, stop-start and on-site fuel storage conditions.
It is a commercial distribution collaboration with an immediate focus on demonstrations and market roll-out in France and wider Europe over the coming months.
"Working with a distributor of national scale that is well-connected with major OEMs and is highly responsive to a constantly evolving market presents an exciting opportunity for Sulnox," said Ben Richardson, CEO of Sulnox.
