Energenics Agrees Enercat Fuel Nanocatalyst Distribution With Eastern European Leader in Nanotechnology |
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By: Energenics Posted: 2008-05-27 03:27:05 |
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Energenics Pte Ltd, a wholly owned subsidiary of Energenics Holdings Pte Ltd, announced today it has recently agreed to appoint Nanotrade sro as an exclusive Eastern European distributor for its Enercat fuel borne catalyst product.
Nanotrade have previously been the distributor for Oxonica's Envirox product since 2004 and were distributing in Czech Republic, Poland, Slovenia & Hungary. The Envirox additive tested and sold by Nanotrade from 2004 to 2007 was manufactured using technology licensed to Oxonica by Neuftec td. Neuftec terminated its license with Oxonica in February 2007. The Enercat product currently sold by Energenics utilizes the Neuftec Intellectual Property, co-developed by Ronen Hazarika. Ronen Hazarika, Energenics Managing Director said: "This important distribution agreement allows us to partner up with one of Eastern Europe's premier nanomaterial marketeers. Nanotrade's knowledge of the market is first class and they acknowledge the importance of working with the original technology developers. "Through our partnership with our global strategic partners, we have been able to improve the efficiency of the product significantly compared to the version originally sold during 2002-2007 and we have expanded our own patent envelope accordingly. Furthermore, I am pleased that we have been able to expand our European distributor footprint with distributors who have many years of experience of our technology, albeit under a different brand name." Ladislav Torcik, CEO of Nanotrade, commented: "I'm delighted to sign up an exclusive agreement with Energenics and continuing to develop the market for the nanocatalyst technology. "The Energenics range of products was also an attractive proposition for us and we look forward to offering a cost effective, full one-stop energy saving solution to our customers." Enercat is a patented formulation of nanoparticulate Cerium Oxide. The technology was originally licensed to Oxonica from 2001-2007. The license was terminated and Energenics has recently started utilizing the technology. Enercat reduces fuel efficiency from 4.7 - 11% and also reduces HC emissions by up to 21%, CO by up to 30%, PM by up to 20% & NOx up to 8% About Energenics Energenics Pte Ltd., a wholly owned subsidiary of Energenics Holdings Pte Ltd., is a leading supplier of alternative energy solutions and technologies. Based in Singapore, Energenics identifies, invests, sources, validates and commercializes energy technologies that provide customers with energy and emission reductions at zero or minimal capital cost compared to existing technologies. Energenics has a strong customer base comprised of transportation groups, mining companies and port and marine operators throughout the Asia Pacific region and is expanding it's operations globally. For additional information, please visit http://www.energenics.org. About Nanotrade sro Nanotrade sro is a progressive Czech company, aiming to discover and commercialise new materials, products & technologies that are designed and manufactured utilizing nanotechnology. Nanotrade, works closely with partners and research institutes in the Czech Republic, Poland, Austria, Germany, UK, USA, Singapore & Australia. Nanotrade also conduct consultancy & market research including project preparation, application, implementation, manufacturing strategy and specialist advisory services in the Middle and Eastern Europe areas. For additional information, please visit http://www.nanotrade.cz. |
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