Breakeven Date Change • May 20
Forecast to breakeven in 2028 The analyst covering SulNOx Group expects the company to break even for the first time. New forecast suggests losses will reduce by 41% per year to 2027. The company is expected to make a profit of UK£2.10m in 2028. Average annual earnings growth of 90% is required to achieve expected profit on schedule. Announcement • Apr 15
SulNOx Group PLC has filed a Follow-on Equity Offering in the amount of £1.999999 million. SulNOx Group PLC has filed a Follow-on Equity Offering in the amount of £1.999999 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 666,666
Price\Range: £0.45
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,777,776
Price\Range: £0.45
Transaction Features: Subsequent Direct Listing Announcement • Mar 16
Sulnox Group Plc Announces Independent Testing Demonstrates Biofuel Benefits Sulnox Group Plc announced the results of an independent laboratory evaluation of Sulnox Eco™ by a marine fuels testing organisation. The study evaluated Sulnox EcoTM across the range of marine fuels included in the expanded ISO8217 (the international marine fuel standard), building on Sulnox's previously announced ISO8217 certification. The evaluation covered fossil fuels and marine biofuels, including FAME blends, neat FAME (B100) and HVO. Consistent with the earlier certification, testing confirmed full compatibility across all fuels tested, while also demonstrating measurable performance benefits in key biofuel chemistries. This is particularly relevant as marine biofuels are increasingly adopted across the industry but are known to introduce fuel-specific challenges, including: Reduced lubricity - meaning the fuel provides less natural lubrication for pumps and injectors, which can increase wear on engine components; Lower oxidation stability - meaning the fuel can degrade more readily during storage, potentially affecting fuel quality over time; Increased corrosion risk - meaning fuels can promote corrosive conditions that may damage metal surfaces within fuel systems. Marine biofuel consumption currently represents c.1-2 million tonnes per year (around 1-2% of global marine fuel demand), but industry forecasts suggest this could grow to 15-30 million tonnes annually by 2030 as decarbonisation regulations accelerate adoption (Source: IEA). As adoption accelerates, the independent testing demonstrated that Sulnox Eco can mitigate these challenges while remaining fully compatible with both renewable and conventional marine fuels, including: c.28% improvement in lubricity in HVO - helping restore fuel lubrication and support engine component protection; 3× improvement in oxidative stability in neat B100 (FAME) - supporting improved storage stability of biofuels; "Technically significant" reduction in steel corrosion ('pitting') in untreated B100 - reducing corrosion risk in fuel systems. 
