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Energenics Agrees Enercat Fuel
Nanocatalyst Distribution With Eastern European Leader in
Nanotechnology
Other Topics:
Nano Coatings
Energenics
May 27, 2008
Singapore -- 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. |
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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. |
