Poly Shield Technologies Inc. has announced the signing of an Installation Agreement with Prestige Cruise Holdings, Inc.
The Agreement will focus, initially, on a two vessel installation and certification of Poly Shield Technologies Inc.’s newly developed DSOX-15 Fuel Purification System.
The Agreement will also allow for DSOX-15 Fuel Purification System installations on up to seven additional vessels. The DSOX-15 system, with its "revolutionary approach" to sulfur removal, is expected to comply with the new emission regulations set to take effect in January 2015.
That approach is "a pre-combustion desulfurization system, which utilizes our proprietary and proven technology as its foundation," according to the company. "By integrating this proven platform with additional new proprietary technologies, which react and release the sulfur in the fuel, our DSOX-15 system is able to scrub and wash the sulfur from the fuel."
CEO, Rasmus Norling, commented: “This second Installation Agreement is further evidence of the market demand for the DSOX-15 Fuel Purification System.”
Norling continued: “This Agreement represents a second segment of the maritime industry, the cruise line industry, where Poly Shield Technologies Inc. intends to demonstrate the DSOX-15 Fuel Purification System’s economical emissions compliance capabilities in a real time operational maritime environment.”
The Company intends to update the public on all the installations and certification milestones of the DSOX-15 Fuel Purification System as we progress through the development process to compliance certification.