|
In the wake of
expensive fuel, motorists are looking to cut costs and the market has
opened a door for products that serve their needs.
With diesel hitting
a record price above 44 baht per litre in July, these can be hard times
for diesel-engine motorists - but modifying a diesel engine to run on
cheaper natural gas is twice as expensive as converting a gasoline
engine, because diesel engines must be modified to gasoline first before
being made compatible with gas.
However, SFD
Purifier (Thailand) has seen an opening in this situation. According to
managing director Yasser Mokdad, it is to expand from its core diesel
purifier equipment business to start importing natural gas for vehicle
(NGV) kits for diesel engines to get around this need for double
modification.
"Our NGV kit changes
the way a diesel engine works, allowing the engine to work with NGV so
the change from diesel to gasoline is not necessary," he said.
Apart from NGV kits,
SFD is also planning to import and manufacture E85 sensor kits that
allow normal gasoline vehicles to run E85, or 85% ethanol blended in
petrol.
"This sensor kit's
patent is owned by the biggest E85 kit company in Brazil, the world's
biggest ethanol-based petrol market, and we expect to sign a trade
agreement with them next week," he said.
"If they agree to
our terms and the deal can be closed, customers will get E85 kits later
this year at about US$100 a set."
However, from an
insider's point of view, he advised against converting vehicles to NGV.
He said that
although an NGV system saves on fuel, diesel vehicle owners should
consider that an NGV system shortens engine life much faster than
diesel.
Mr Mokdad said that
his company had already brought other innovative items to the market,
including a product developed by a Saudi petroleum expert to reduce fuel
consumption for any business operating diesel engines.
He said the company
started a joint venture with the patent owner and had commercialised the
product in Thailand since 2005, manufacturing locally in the company's
Nakhon Pathom factory using both local and imported parts.
Mr Mokdad said the
SFD purifier combines functions including heating, filtering and water
separation in a single piece of equipment.
The product works
through pre-heating fuel and through filtering water and contaminants
out of diesel to ensure that only pure diesel passes through the engine,
he said.
Mr Mokdad claimed
that these mechanisms result in a better condition for the engine, which
experiences improved combustion through cleaner fuel. He claimed that
engine efficiency is enhanced and that there is a saving from 5.7% to
22% on maintenance, depending on driving style.
"This purifier helps
vehicle owners reduce maintenance costs, fuel consumption and, most
importantly, pollution as contaminations have been kept back in the
purifier part," he said.
He forecast domestic
sales of seven million baht for SFD this year, a slight reduction from
last year. However, with the high price of diesel, he said he hoped for
a dramatic surge to 40 million baht next year from the sale of more than
20,000 devices.
Globally, he said
the company has a target of selling 120,000 SFD purifier units over the
next year and 500,000 in the next three years.
|