Sweden-based green tribology developer Triboron International AB has announced that it has achieved "its industrial breakthrough" by teaming up with the Netherlands-based biofuels distributor Future Fuels Wholesale BV. According to the agreement, Future Fuels will import Triboron's additive, integrate it into its range of biofuels and market the products to its growing international customer base.
Triboron International has developed propriety boron-based mechanical friction reduction products for use in fuels, oils and fats which, the company says, results in “major mechanical and environmental advantages as well as economic savings”.
We are very happy that Future Fuels have chosen Triboron for improving the environmental qualities of their outstanding biofuels. This groundbreaking agreement is the result of our meticulous research and systematic verification of the Triboron technology, said Thomas Lindskog, CEO at Triboron International.
The ten-year sales agreement with Future Fuels is estimated worth of SEK 40-50 million (≈ EUR 4-5 million) per annum.
Future Fuels strategy is to make the best pure biofuels and blends in the world. By incorporating Triboron Technology into the product range we will take an additional step ahead of the competition, and at the same time add value to our customers by further reduced fuel consumption, emissions and engine maintenance, said Germ Wiersma, CEO of Future Fuels.
According to Triboron, apart from reducing fuel consumption and emissions, it also preserves the fuel quality through “superior” bacteria control. The additive technology protects mechanical parts from wear and tear, cleans injectors and counteracts corrosion without the downsides of other boron-based products.
Since our technology retains its excellent lubrication and protection abilities also when mixed with biofuels, it is a perfect match for Future Fuels products, said Thomas Lindskog.