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  • International Fuel Technology Inc. (IFUE) Announces Repeat Purchase Made by PREOL 0 comments
    Aug 12, 2011 5:28 PM | about stocks: IFUE

    International Fuel Technology (“IFT”), a company that develops fuel additive product formulations that enhance the performance of petroleum-based fuels and renewable liquid fuels, recently announced that Czech Republic bio-diesel manufacturer PREOL has made a repeat purchase of its PerfoLiFTBD-8 through distribution partner Nordmann Rassmann Czech Republic. PerfoLiFT BD-8 is a part of the PerfoLiFT BD-Series of fuel additive formulations that offers superior oxidation stability and deposit formation control to bio-diesel of underlying sources.

    PREOL, a private company that is located in Lovosice, Czech Republic, is the biggest Czech Republic producer of bio-diesel with a current capacity of more than 100,000 metric tons annually. The company utilizes cutting-edge process technology to make bio-diesel mainly from rapeseed oil. PREOL is also a member of the European Biodiesel Board (EBB).

    “This is an important development for IFT,” said Axel Farhi, IFT’s Director of Global Business Development. “The largest bio-diesel producer in the Czech Republic selecting IFT as their established supplier of bio-diesel stabilizer technology speaks for itself regarding product efficacy. This purchase order is also a clear indication of the success IFT is having with its strategy of partnering with well-known distribution partners.”

    The company also recently announced that Brazilian bio-diesel manufacturer Bio Capital has made its very first purchase of IFT’s PerfoLiFT BD-7 through IFT distribution partner Next Group Brazil. PerfoLiFT BD-7 is a part of the PerfoLiFT BD-Series as well.

    Bio Capital, a private company that is located in Sao Paolo, Brazil, is amongst Brazil’s three largest producers of bio-diesel with a current capacity of 280,000 tons annually.

    “With its diverse and sometimes unstable feed sources, the Brazilian bio-diesel market has provided IFT with a number of commercial opportunities for our PerfoLiFTTM BD-Series,” said Dr. Sergio C. Trindade, IFT’s Director of Science and Technology.

    For more information on International Fuel Technology Inc., visit their company website at peerfuel.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Stocks: IFUE
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