Eurocontrol Technics Ord EUCTF

Authentix wins Pakistani Contract

[kidl2]

Govt picks UK firm for fuel marking to check adulteration

https://tribune.com.pk/story/1523145/govt-picks-uk-firm-fuel-marking-check-adulteration/

Snip:
“The cost of fuel marking has been quoted up to Rs1.22 per litre of oil for six months on a trial basis.”
 
Authentix negotiated a very good price. Rs1.22 equals US $0.01 which is double what SICPA/GFI negotiated for the Tanzania “renewal”.
 
Also interesting ... Somehow Authentix morphed into a UK company ... ???

[tpaymans]

Concrats with that Kidl, are you happy now? They only produce 89.000 b/d, Not a big fish.

[endeavour]

I'm sure Kidl is delighted. He is the type of person that takes pleasure seeing pain in others. That much is obvious from his obsessive behaviour here. Pretty sad to be that sort of person.

[kidl2]

150,000 tons = approx 205,000,000 liters = $2,050,000 revenue Yes, small right now but they have a foot in the door for a mega contract. From the article: “The fuel marking programme will be run in phases. Initially, kerosene oil will be targeted and later other fuels such as high-speed diesel, light diesel oil and petrol will be covered under the programme.” Pakistan consumes approximately 450

[kidl2]

Did a little more digging into SICPA’s Pakistani history. It goes back a long time. Well over 20 years and it actually included a JV with the Pakistani government which was just recently unwound.   Authentix, on the other hand, doesn’t seem to have any history in Pakistan to speak of and yet, has won this contract.   Pair this with other SICPA stories floating around and largely