APG International, Inc. (APGI), a subsidiary of GreenMan Technologies, Inc., has received an order from its local distributor on behalf of Seven-Up Bottling Company PLC (Seven-Up Bottling), a soft drink distributor located in Nigeria, for the conversion of approximately 25% of their local delivery truck fleet to dual-fuel natural gas and diesel. The initial order is valued at approximately USD $440,000 and is expected to be completed by the end of September 2010. Seven-Up Bottling has verbally indicated that upon the successful completion of this initial order they intend to place an order to convert their remaining local delivery truck fleet over a six to nine month period. The estimated value of this potential follow-on order is approximately $1.22 million.
Lyle Jensen, GreenMan’s President and Chief Executive Officer, acknowledged the value of providing demo equipment to convince clients of the benefits of dual-fuel. “In the case of Seven-Up Bottling, not only were immediate fuel and maintenance cost reductions realized but the converted trucks were in strong demand among the company’s fleet drivers, who noted their improved acceleration and power performance characteristics”, he said.
APG’s dual-fuel system converts existing engines to function more efficiently and at a lower operating cost (fuel costs reduced by 25% to 35%) by seamlessly displacing 40% to 60% of the normal diesel fuel consumption with compressed natural gas (CNG) or biomethane. In addition, the dual-fuel conversion system reduces toxic emissions such as nitrogen oxide (NOX), carbon monoxide (CO) and fine particulate matter as well as enhancing the engine’s operating life, since natural gas is a cleaner burning fuel source.
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