Sulnox, a green technology company focused on reducing fuel costs and emissions with zero investment, has announced the appointment of Exeno Yamamizu Corporation as its first distributor in Japan.
Background of Exeno Yamamizu
Exeno Yamamizu, established in 1947, is a long-established Japanese marine services company, with major shareholders including shipping giants NYK Line and Mitsui O.S.K. Lines. The company's activities include marine fuels and lubricants, specialty chemicals, shipbuilding, and marine engineering. Exeno Yamamizu currently supplies marine fuel treatment products and has strong connections with shipowners, operators, and shipyards in Japan, which helps Sulnox expand its presence in one of the world's most important maritime transport markets.
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Japanese Maritime Industry Statistics
According to a BIMCO report, Japan is the third-largest ship-owning country in the world, with about 604 shipowners controlling approximately 12 percent of the global fleet capacity based on deadweight tonnage. Major Japanese owners are seeking to achieve zero carbon emissions by 2050, putting the industry under increasing pressure to reduce fuel consumption and emissions.
Sulnox Eco™ addresses these challenges and improves combustion efficiency without the need for changes to the engine or significant investments. This substance is 100 percent organic and has shown an average fuel savings of about 5 percent in marine applications. Additionally, independent tests have observed significant reductions in CO₂ and harmful particulate emissions, particularly an almost 90 percent reduction in suspended particles.
Opportunities and Development of Collaboration
Exeno Yamamizu will initially focus on the Japanese maritime fleet and the broader marine sector, with the possibility of expanding into other sectors as this collaboration develops. In addition to maritime transport, Japan consumes over 70 billion liters of diesel and gasoline annually and is looking to introduce gasoline containing a maximum of 10 percent bioethanol (E10) by the fiscal year 2030 and a maximum of 20 percent (E20) by the fiscal year 2040. These developments could create more opportunities for Sulnox Eco.
The move into Japan is based on Sulnox's commercial expansion in the global maritime industry, which includes four-year supply agreements with leading shipping companies such as Eastern Pacific Shipping and Spring Marine, covering over 80 vessels.
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