The Directors aim to introduce a product that will:
Investment opportunity is in the final development and commercialisation of conversion kits (“kits”) to enable, the most convenient, environmentally friendly fuel, liquid LPG, which is superior in performance to premium unleaded petrol, to be injected into the inlet manifold of spark ignition engines.
Since 2005, the Company has applied seed capital to further engineering refinement of key components to ensure that the best possible system can be brought to market as soon as funding is available.
The Directors believe that profits should be very rewarding as most of the development work is complete.
Market opportunity is global, potential volume, of 100,000 kits per annum (pa) is large, with Australia being the ideal introductory market.
The primary market for the kit is automotive spark ignition petrol engines, with secondary markets including forklifts and stationary engines.
Progression into the market will be through conversion of existing vehicles (the aftermarket) with the aim of supplying major manufacturers as performance and reliability is further demonstrated.
Fumigation of diesels, whereby liquid LPG is injected into the inlet manifold, replacing some of the diesel fuel, the balance of the diesel being used for ignition, is a promising market in which the kits have been successfully trialled to reduce emissions. The US is said to have 11,000,000 diesels needing emission reduction.
Motoring and transport costs are being hit with spiralling fuel prices. Fuel costs can be lowered by 50% or more. Emissions are sharply reduced providing a community benefit.
The Development Team includes the original inventors and long term backers of the project who are highly motivated to see their project to fruition, supported by professional engineers and scientists affiliated with some of Australia’s major research institutions.
Prize Winning System: the LPG-Liquid-Inject kit has won major prizes in international competition, a successful venture with the University of Texas at El Paso in the Propane Challenge held in USA.
Directors believe the 40.23% thermal efficiency (a measure of distance which can be travelled per litre of LPG), set by the kit in 2004, is a world record. They consider the LPG injection kit to be the best in the world.
Cost to Install: Contact your licensed LPG gas fitter to obtain a quote for the system fitted, GST paid. As mono LPG, it is price competitive with, or cheaper than LPG gas injection kits to install. See “Features and Benefits”. In the current price range commensurate profits to the Company are expected.
LPG is a widely used automotive fuel in Australia, in the European Union (EU), with rapid growth in the UK and useful volume in USA. Asia is moving to greater use of LPG in a bid to reduce emissions. (See “The Market” in the IM and more detailed market intelligence herewith.)
The market is divided between conversions to LPG of existing vehicles and specific LPG fuelled models produced and sold by major manufacturers (OEMs), such as Ford.
Invented in 1989 in Adelaide, the LPG-Liquid-Inject kits have been in a process of development and road testing since that time. They are patented (see the IM.) Directors are advised that over 3,000,000 kilometres of road testing have been completed without any untoward incident.
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