When did Sulnox announce the distribution agreement with Motor Plus Panama?

Sulnox announced the distribution agreement on 10 February 2026.

What will Motor Plus do for Sulnox under the distribution agreement?

Motor Plus will manage local logistics and inventory for Sulnox products. The arrangement is intended to support delivery to maritime, industrial and transport customers across Central America and the Caribbean.

Where will Motor Plus stock Sulnox products?

Motor Plus will stock Sulnox products in the Port of Colón in Panama. The location is intended to support domestic delivery and bunkering for shipping companies in the Panama Canal region.

Which customer sectors will Sulnox target through the Motor Plus agreement?

Sulnox said the agreement will help it serve maritime, industrial and transport customers. The company also referred to shipping companies, port operators and international shipping lines in Panama and the wider region.

What does Motor Plus Panama do within IHS Holding Group?

Motor Plus operates within IHS Holding Group, a Panamanian industrial and energy group active in fuel distribution, bunkering, oil and product storage and trading, lubricants, logistics and engineering services. Motor Plus was founded in 2014.

What assets and businesses does IHS Holding Group have in Panama?

IHS Holding Group has more than 200 employees and more than eight operating companies, according to Sulnox. Its activities include marine fuel supply and bunker barge operations, domestic fuel and lubricant distribution, a 1.2 million barrel fuel storage terminal with a dedicated 400-metre pier, port services, logistics and industrial repair.

Why does Sulnox say the Panama Canal is important to the distribution agreement?

Sulnox said the Panama Canal provides a concentrated shipping and refuelling environment for its fuel-treatment technology. The company cited 13,404 vessel transits in fiscal 2025, including 3,342 Neopanamax vessels designed to fit through the Canal’s expanded locks.

What benefits does Sulnox say its technology can provide?

Sulnox said its technology can provide lower fuel consumption, lower emissions and improved engine efficiency, including improved engine health. Motor Plus Managing Director Rodrigo Hernandez Calvo described the technology as offering practical solutions across the marine, industrial and transport sectors.

How does Sulnox’s CEO describe the Motor Plus partnership?

Sulnox Chief Executive Officer Ben Richardson described the agreement as a milestone in the company’s international expansion. He said Motor Plus and IHS Holding Group provide a platform to expand delivery of Sulnox’s technology to global shipping clients, the Panamanian market and the wider region.

What did Motor Plus say about working with Sulnox?

Motor Plus Managing Director Rodrigo Hernandez Calvo said the group’s focus is improving the efficiency and sustainability of energy use across Panama and the wider region. He said Motor Plus looked forward to collaborating with Sulnox and bringing its technology to clients.

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Sulnox announces Panama distribution agreement with Motor Plus

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Sulnox Group PLC

AQSE:SNOX
OTCQX:SNOXF

Sulnox announces Panama distribution agreement with Motor Plus

Published Tuesday, 10 February 2026

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At a glance

Company: Sulnox Group PLC
Listings: AQSE:SNOX, OTCQX:SNOXF
Announcement type: Contract award
Published: Tuesday, 10 February 2026
Source announcement: sulnoxgroup.com

Key figures
Measure	Figure	Period
Vessel transits	13,404 vessel transits	fiscal 2025
Neopanamax vessels	3,342 Neopanamax vessels	fiscal 2025

Figures are quoted from this announcement and selected automatically.

FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices

Announcement Summary

Sulnox announced a distribution agreement with Motor Plus Panama, S.A., part of IHS Holding Group, covering product distribution in Panama.

Under the agreement, Motor Plus will stock Sulnox products in Port of Colón for domestic delivery and bunkering support.
Motor Plus will manage local logistics and inventory for Sulnox’s maritime, industrial and transport customers throughout Central America and the Caribbean region.
Founded in 2014, Motor Plus operates within IHS Group, which has over 200 employees and more than eight operating companies.
IHS Group’s Telfer Tanks is a 1.2 million barrel fuel storage terminal with a dedicated 400-meter pier at the Atlantic entrance of the Canal.

The Panama Canal had 13,404 vessel transits in fiscal 2025, including 3,342 Neopanamax vessels designed to fit through expanded locks.

Investor FAQs

Sulnox announced a distribution agreement with Motor Plus Panama, S.A., part of IHS Holding Group. Under the agreement, Motor Plus will stock Sulnox products in the Port of Colón and support domestic delivery and bunkering for shipping companies operating in or transiting the Panama Canal region.

Source announcement

Company: Sulnox Group PLC
Title: Distribution Agreement with Motor Plus, Panama
Published: Tuesday, 10 February 2026
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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