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"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two... see more

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Eurocontrol Technics Ord > Bruceforever, are you saying SICPA did not...

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Post by newdaydawning on Feb 17, 2017 10:43am

Bruceforever, are you saying SICPA did not...

get the EU fuel marking contract? If so, can you please provide a source for your information. Thanks.

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Comment by Raptorman2013 on Feb 17, 2017 10:50am

I have been following EUO news over the past year or so and did not read anything regarding this. Also, i did some searching (partly realizing that it is fake news) and found nothing other than the NRs talking about potential deals... Do your own DD but I am pretty sure it is typical basher BS!!

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Comment by Turbonegro on Feb 17, 2017 11:41am

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Comment by Bruceforever on Feb 17, 2017 11:20am

OMG, please answer me these questions before. 1. Do you think SICPA bought GFI to stay only in Albania, Tanzania and Uganda? 2. Do you know there was a decision in EU last year for fuel oil mark? 3. Do you know in Europe they still use the "Yellow-124" to mark oil and it is going to change it if there exists something better? 4. Do you know with this decision, no one company won ...more

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Comment by Raptorman2013 on Feb 17, 2017 11:37am

Complete nonsense. All of it.

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Comment by Bruceforever on Feb 17, 2017 11:43am

Yes!!! Here is the EU Comission link: https://ec.europa.eu/transparency/regdoc/rep/3/2016/EN/C-2016-7546-F1-EN-MAIN-PART-1.PDF Article1 The common fiscal marker provided for by Directive 95/60/EC, for the marking of all gas oils falling within CN codes 27101943, 27101946, 27101947, 27101948, 27102011, 2710 20 15, 2710 20 17 and 2710 20 19 as well as of kerosene ...more

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Comment by Turbonegro on Feb 17, 2017 11:57am

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Comment by newdaydawning on Feb 17, 2017 7:04pm

Thanks Bruceforever. The review is less than 5 years away. I believe SICPA, with GFI, has a superior approach. Given the scale of the black market and its links to terrorists, I would expect the EU to move with the SICPA solution well ahead of 2022.

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Comment by Bruceforever on Feb 18, 2017 4:39am

Ok. 2022. Now you can read again. Eurocontrol participates in the energy security market through its agreement with SICPA S.A. (”SICPA”) of Switzerland for earn-out payments of 5% (minimum $9 million, $1.5 million per year payable as to $750,000 every six months) on revenues generated from the oil and gas marking and monitoring field relating to the sale of its ...more

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Eurocontrol Technics Ord