Genoil has signed a memorandum of understanding with the Bomin Group to develop low sulphur fuel products.
- Companies will develop cooperation agreement to develop and supply low sulphur fuel.
- Genoil will provide its Hydroconversion Upgrader to remove sulphur from heavy fuel oil to 0.5%.
- Bomin will use its experience in global physical supply and storage infrastructure to supply low sulphur fuel to the market.
Read more via the press release here.
Fathom-News
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