Dominican Republic Fleet Orders 38 Dual-Fuel HD Truck Conversions

| USA and Dominican Republic

American Power Group Corporation’s subsidiary, American Power Group Inc. (APG), has received an order from Caribbean Power Group S.R.L, its authorized dealer and certified installer in the Dominican Republic, to convert 38 heavy-duty trucks to operate on APG’s Turbocharged Natural Gas® dual fuel system. Deliveries are scheduled for the June/July 2014 time-frame.

While the end customer and the exact value of the order was not disclosed for proprietary reasons, the end customer is a global leader in the building materials industry with a presence in more than fifty countries and a strong commitment to integrating sustainability initiatives into their global business strategy.

Milton Zarzuela, President of Caribbean Power Group commented, “We have been working with this customer on the pilot order for over eighteen months to validate field performance, economic payback, and the emission reduction benefits of APG’s dual-fuel solution. Based on data obtained during this initial field evaluation phase, our customer estimates a potential aggregate annual net fuel savings of over USD 1 million per year from the conversion of these 38 units. ”

Mr. Zarzuela said their customer has indicated intention to convert more of their 200-truck fleet. He added, “We are also considering entering natural gas fuel supply agreements with our client’s suppliers, who operate more than 700 trucks as an incentive to begin system adoption. We estimate that there are over 20,000 heavy duty trucks currently operating in the Dominican Republic and believe we now have a blueprint on how to expand natural gas into our domestic heavy-duty truck market.”

The Dominican Republic imports Liquefied Natural Gas (LNG) from Trinidad & Tobago. At the terminal, located in the AES Andres energy park in Boca Chic, LNG is converted to CNG and transported by truck throughout the country.

(Source: APG)

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