Image: bestdesigns/istockPhoto Addison-based Authentix will soon be helping fight the illicit refined fuels trade in Zambia. The global authentication and information services provider announced Monday that it had been chosen by The Energy Regulation Board of Zambia as its technology and services partner to combat the illicit fuels trade in the landlocked nation in southern Africa. Authentix’s program utilizes […]
TORONTO, Nov. 27, 2017 (GLOBE NEWSWIRE) — Eurocontrol Technics Group Inc. (TSX-V:EUO) (OTCQB:EUCTF) (“Eurocontrol” or the “Company”), a Canadian public company specializing in the acquisition, development and commercialization of innovative test and measurement technologies for industry with application systems focused on the energy security, semiconductor and precision agriculture sectors, announces that SICPA SA has been […]
Currently, Pakistani refineries are producing kerosene oil without adding any dye, which makes it difficult to detect its mixing with high-speed diesel. PHOTO: FILE ISLAMABAD: UK-based company Authentix is seeking to win extension in its contract for fuel marking in kerosene oil in an effort to stop its mixing with the expensive high-speed diesel. A technical […]
Reporter: Dundalk Democrat 21 Nov 2017 LOUTH County Council has said that it is not the local authority’s responsibility to check for markers in illegal diesel dumps. The clean-up of two diesel fuel dumps in Co Louth in September last cost €12,000, according to Louth County Councillor Mark Dearey. Cllr Dearey put forward a question about […]
The Department of Finance (DOF) is proposing a P2-billion budget in 2018 to implement the Bureau of Customs’ (BOC) fuel marking program, one of the tax reform endeavors of the Philippine government to minimize smuggling of petroleum products and boost revenue collection. Finance Secretary Carlos Dominguez said the program, which is set for rollout next […]
By Leroy Smith An Assistant Superintendent of Police was taken into custody Tuesday evening by agents of the Guyana Energy Agency (GEA) along Church Street, Georgetown in connection with a quantity of fuel markers. Police sources identified the officer in question as Keith Williams, who is attached to ‘B’ Division. The police rank was caught […]
The Philippine Bureau of Customs (BOC) is asking providers of fuel marking products and services to help the agency implement its fuel marking program. In a recent announcement, BOC Port Operations Service director James Layug said BOC is now drafting policies and guidelines for the effective implementation of a fuel marking program, one of the […]
Stop Fuel Smuggling Series By: Jeff Conroy, Chief Scientist, Authentix Branded fuel suppliers began to use colorants in the 1950’s as a means to indicate fuel type, grade, or brand in the downstream petroleum industry, and this approach continues with wide-spread acceptance today. As fuel taxes and subsidies came into use around the globe, it was […]
Tawanda Musarurwa and Conrad Mwanawashe ZIMBABWE could be losing at least $240 million annually to fuel fraud while globally at least $40 billion is lost to smuggling activities associated with subsidies, tax and price differentials worldwide. Smuggled and stolen fuel deprives governments of tax revenue. According to a leading global authentication and information services company, Authentix […]
SEAOIL Philippines urged the government to enforce a fuel-marking system before imposing higher taxes on petroleum products. “Hopefully, before the government decides to implement a planned increase in excise tax, we could implement the fuel-marking system in which it is used in other countries to monitor smuggling activities,” Seaoil CEO Glenn Yu said. Fuel marking […]