Nanotechnology Now - Press Release: "Oxonica Extends Sales of Envirox™ Fuel Borne Catalyst"

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Abstract:
DMX will distribute nanotechnology based fuel catalyst

Oxonica Extends Sales of Envirox™ Fuel Borne Catalyst into Asia-Pacific

January 31, 2005

Following the successful UK commercial evaluation of Envirox™ Fuel Borne Catalyst with Stagecoach Group Plc, Oxonica is partnering with BASF, the world’s leading chemical company and DMX Technology Corp., the Philippine marketer of cutting edge technology to the petroleum industry, to introduce Envirox™ to the Philippines.

DMX will distribute this latest nanotechnology based fuel catalyst, into premium branded fuel in the Philippines.

Petteri Makitalo, DMX’s chief executive, explained that the new fuel contains BASF’s additive package Keropur™ DP 4540, incorporating Oxonica’s Envirox™ nanotechnology. This can result in significant fuel savings of up to 10 percent and a 14 percent reduction in emissions.

Oxonica met DMX at the Asian Development Bank sponsored BAQ (Better Air Quality) 2003 Congress. The Envirox™ technology has recently undergone a successful 12-month commercial evaluation by the multi-national Stagecoach Group based in the UK.

BASF bought into the Envirox™ technology in April 2004 by signing a collaboration agreement with Cerulean International, Oxonica’s wholly owned subsidiary. This relationship has resulted in BASF formulating a new additive package, Keropur™ DP 4540, around Oxonica’s Envirox™. This ultra-premium diesel performance additive package technology will provide substantial cost savings by reducing fuel consumption as a result of an improved combustion process and increases in engine efficiency.

The improved fuel economy and lower emissions are achieved by using a patented catalyst technology based on specially modified cerium oxide. Cerium oxide is a well-known industrial catalyst that is also used in catalytic converters. Keropur™ DP 4540 incorporating Envirox™ is added to the diesel fuel before it is distributed to filling stations and the fuel is filled into the vehicle in the normal fashion. The nano-structured cerium oxide modifies the combustion profile so that more output is delivered over each combustion cycle for a given quantity of fuel.

No engine modifications are required to use the product and the dose rate of the diesel performance additive package is low at some hundreds parts per million (ppm), while the concentration of Envirox™ active in the fuel is extremely low at just five ppm.

Stuart Anderson, Business Director of Cerulean International commented:

“We are very excited by this opportunity to introduce Envirox™ Fuel Borne Catalyst to the Philippines with the help of such strong partners as BASF and DMX Technology and look forward to extending the benefits of the product, which has been demonstrated in the UK, to the Philippine market.”

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About Oxonica

Oxonica Limited is a leading European nanotechnology group, with products already launched into the global market.

The company was spun-out in 1999 from the University of Oxford and is based in Oxford, England. Oxonica currently employs 30 professional staff and is led by a strong and commercially experienced management team.

Oxonica’s mission is to develop commercial solutions from nanotechnology. It owns a diverse portfolio of demand driven products that offer substantial benefits to the target markets of environmental, healthcare and materials.

Lead products include:

Envirox™ Fuel Borne Catalyst – A nanocataylst optimising fuel economy and reducing emissions
Optisol™ UV Absorber – A range of ultra-stable UVA absorbers with enhanced free radical scavenging, with immediate applications in sunscreens and other cosmetics

Oxonica is also active in searching for the next generation of products and is already engaged in developing transformational detection technologies which will enable a new generation of diagnostic products for the clinical diagnostic and life science markets.

In addition, the company is developing other UV absorber technologies into polymer systems and coatings, based on similar technologies to that used in Optisol™

Press Contacts:
Sonia Bouzid
Sonia.bouzid@oxonica.com
+44 (0) 1865 856 728

Nigel Robson
Vortex PR
Island House, Forest Road, Guernsey, GY8 0AB, UK
Tel +44 (0) 1481 233080
Fax +44 (0) 1481 233082
Mobile +44 7766 705866
nigel@vortexpr.com

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