Jordan patent granted
Summary by AI BETAClose X
21 August 2025
Sulnox Group Plc
(the "Company" or "Sulnox")
Jordan patent granted
(Aquis Stock Exchange: SNOX)
Sulnox, the greentech company delivering lower fuel costs and emissions at zero capex, is pleased to announce that it has secured a strategically valuable patent for Jordan.
The latest patent is a major development supporting Sulnox's pursuit of partnerships and collaborations with large industrial groups in the substantial Middle East market. GDP growth in the region is expected to reach 3.5% in 2025, against the global average of 3.0%, with key countries regarded as well placed to withstand shifting trade policies and global tariff headwinds (Source: ICAEW).
The port of Aqaba, in southern Jordan, hosts the Red Sea's second largest container port by capacity. An important gateway for the Levant region and beyond, in the first half of 2025 it saw an 18.8% increase in the number of incoming cargo containers compared with the same period in 2024, reflecting the growing confidence of importers, exporters, and transit cargo clients, notably in the automotive market. In August 2025 the port became the first in the Middle East to receive the Port Environmental Review System (PERS) certification from the European Sea Ports Organisation (ESPO) and therefore to join the accredited European EcoPorts network.
Beyond shipping, Jordan has the fifth largest oil shale reserves in the world, estimated at more than 70 billion tonnes. The extraction of oil shale forms an important element of a vibrant mining sector which is also a leading producer of phosphate, potash, glass sand and other non-metallic resources, while industry overall is support by significant advances in road infrastructure, backed by foreign investment. Attarat Power Plant, the country's first fuelled by oil shale, was commissioned in 2023, with a 470 MW capacity.
Consistent with the company's several patents gained to date in other major markets globally, the Jordan patent covers a range of product formulations which enhance all diesel, petrol/gasoline, biofuels, and marine fuels including Marine Gas Oil (MGO) and Marine Diesel Oil (MDO), Very and Ultra Low Sulphur Fuel Oils (VLSFO/ULSFO) and Heavy Sulphur Fuel Oils (HSFO).
Ben Richardson, CEO of Sulnox, commented:
"The Jordan patent marks an important step in our strategy for the Middle East region, where we are steadily expanding our presence and pursuing significant revenue opportunities. We are particularly pleased to have gained protection for our innovation in a country where shipping and port emissions are well understood, and operators' plans align with Sulnox's early traction in the sector. We look forward to announcing further progress in the Middle East and expansion of our patent portfolio as we target new sectors and markets worldwide."
ENDS
For further information please contact:
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Sulnox Group plc Alex Judd, Head of Marketing & Communications |
|
|
Allenby Capital Limited (AQSE Corporate Adviser) Nick Harriss / John Depasquale / Ashur Joseph (Corporate Finance) Guy McDougall (Equity Sales) |
Tel: 020 3328 5656 |
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