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Sulnox Group PLC
- AQSE:SNOX
- OTCQX:SNOXF
Sulnox announces global distribution agreement with Drew Marine
Published
At a glance
- Company
- Sulnox Group PLC
- Listings
- AQSE:SNOX, OTCQX:SNOXF
- Announcement type
- Contract award
- Published
- Source announcement
- sulnoxgroup.com
FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices
Announcement Summary
Sulnox announced a global long-term distribution agreement with Drew Marine USA, Inc. (Drew Marine) for Sulnox Eco.
- Drew Marine will stock Sulnox Eco alongside its present additive portfolio, with a view to increasing prominence over time.
- Drew Marine has a presence in more than 2,500 ports and serves more than 1,000 customers through its global warehouses.
- Sulnox will gain access to Drew Marine’s technicians, account executives, service engineers, technical support center and logistics network.
- The companies’ customer bases are described as complementary, with c.75% new to Sulnox.
- The Agreement offers access to China, India, Japan, Brazil and Germany, where Sulnox is not yet entrenched.
Sulnox’s Board anticipates that the Agreement will lead to significant new business for the Company.
Investor FAQs
Source announcement
- Company
- Sulnox Group PLC
- Title
- Major Distribution Agreement with Global Supplier to Maritime Industry, Drew Marine
- Published
- Source site
- sulnoxgroup.com
Read the source announcement on sulnoxgroup.com
FAQSIR's summary and investor FAQs are generated by AI from the text of this announcement alone, without information from other sources.
Figures, forecasts and other claims are the announcement's, not FAQSIR's. FAQSIR does not independently verify them.
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