Skip to content

CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

SulNOx eyes further revenue gains

After seeing revenues double in its latest quarterly earnings numbers, SulNOx, the fuel additive business, is looking at further progress.

Video poster image

Having seen its shares rise ten-fold since 2022, the Aquis-listed company says it is in a unique position in being able to supply fuel additives, to big diesel and petrol users, that are environmentally friendly. Ben Richardson, SulNOx chief executive, tells IGTV that companies, especially in Africa where the need for fuels that help an aged fleet of industrial vehicles maintain efficiency, are waking up to the fact that they need the additives that SulNOx supplies to mitigate carbon emissions.

(AI Video Summary)

SulNOx's innovative technology

SulNOx, featured on the Aquis Exchange, has developed innovative fuel conditioners formulated from natural, biodegradable ingredients, aimed at reducing the carbon footprint of industries reliant on hydrocarbon liquid fuels. CEO Ben Richardson highlights the product's broad market potential, touching on sectors like maritime, transport, and power generation. The company's solutions are gaining traction, particularly in shipping, due to regulatory pressures and the significant fuel cost savings they offer.

Revenue growth and gains

Despite being a small entity, SulNOx has posted revenue growth, driven by customer testimonials and its effective, eco-friendly products. With patents in key regions and production by Nouryon, SulNOx aspires for further growth and potential partnerships with major oil or fuel trading entities, targeting an expansive market, including biofuels.

This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

Act on stock opportunities today

Go long or short on thousands of international stocks with CFDs.

  • Get full exposure for a comparatively small deposit
  • Trade on spreads from just 0.1%
  • Get greater order book visibility with direct market access

See opportunity on a stock?

Try a risk-free trade in your demo account, and see whether you’re on to something.

  • Log in to your demo
  • Try a risk-free trade
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Trade a huge range of popular stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Friday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.