Genoil Receives Third Party Pemex Certificate & Produces Lower Sulfur Commercial Grade Fuel Oil

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Apr 12, 2019
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ROTTERDAM, NETHERLANDS / ACCESSWIRE / November 12, 2018 / Genoil Inc. (OTC PINK: GNOLF) announces additional successful processing run of IFO 380 marine fuel oil at our feedstock processing facility at the UFA Scientific Research Institute in Bashkortostan for a second client based in the United Kingdom. This time, results were better than last time, with the Genoil Hydroconversion technology (GHU) producing commercial grade 0.34% LSFO (Low Sulfur Fuel Oil) from the marine fuel RMG-380. The feedstock originally contained a Sulfur level of 2.01% by weight and also had possessed a lot of cracked materials. The GHU had a perfect yield of 92% and the company will announce further details about this run in the near future. This test brings Genoil GHU technology one step closer to global commercialization. The data collected from this demonstration run will support the engineering and design of commercial GHU facilities around the world. Genoil is currently arranging for further processing of additional crude oil and fuel oil for target projects currently being considered.