Dépêches
Bio Capital Makes First Purchase of International Fuel Technology, Inc.’s PerfoLiFTTM BD-7
Dépèche transmise le 26 juillet 2011 par Business Wire
ST. LOUIS--(BUSINESS WIRE)--International Fuel Technology, Inc. (IFT) (OTCBB:IFUE) announced today that Brazilian bio-diesel manufacturer Bio Capital, made its first purchase of IFT’s PerfoLiFTTM BD-7 through IFT distribution partner Next Group Brazil. PerfoLiFTTM BD-7 is part of the PerfoLiFTTM BD-Series of fuel additive formulations that provides superior oxidation stability and deposit formation control especially to bio-diesel made from animal fat.
“With its diverse and sometimes unstable feed sources, the Brazilian bio-diesel market has provided IFT with a number of commercial opportunities for our PerfoLiFTTM BD-Series”
Bio Capital, a private company located in Sao Paulo, Brazil, is among Brazil’s three largest producers of bio-diesel with current annual capacity of 280,000 tons. The company employs state-of-the-art process technology to make bio-diesel primarily from animal fat, and also from soybean oil.
“With its diverse and sometimes unstable feed sources, the Brazilian bio-diesel market has provided IFT with a number of commercial opportunities for our PerfoLiFTTM BD-Series,” said Dr. Sergio C. Trindade, IFT’s Director of Science and Technology.
About International Fuel Technology
IFT is a fuel performance enhancement company focused on providing its technology to large, industrial consumers of diesel fuel and bio-diesel fuel blends in the rail, stationary power generation and road transport industries.
IFT has two primary product lines, DiesoLiFTTM 10 and the PerfoLiFTTM BD-Series.
DiesoLiFTTM 10 is IFT’s proprietary surfactant-based fuel additive formulation for use with diesel fuel and bio-diesel fuel blends. The product has been scientifically proven to provide a significant improvement in fuel economy and a reduction in harmful emissions. In addition, DiesoLiFTTM 10 increases fuel lubricity, provides detergency benefits and co-solves normal amounts of free water, which collectively reduce maintenance costs for the end user. The product is easy to use, only splash blending is needed, and its use has been proven to have no effect on fuel composition, make-up or standard specification.
The PerfoLiFTTM BD-Series is a series of fuel additive formulations specifically developed to provide superior oxidation stability and deposit formation control to bio-diesel and bio-diesel fuel blends.
Safe Harbor Statement
Some statements contained in this release may be forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements as to commercialization of the Company's products and business development activities. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties that may cause the Company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, the Company's ability to generate revenues and other factors as described in the Company's literature and filings with the Securities and Exchange Commission.
Further information on DiesoLiFT™ and the PerfoLiFTTM BD-Series may be found at IFT’s website at: www.internationalfuel.com.
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