Latest news with #OXON™Technologies
Mid East Info
19-05-2025
- Business
- Mid East Info
Innovest Holding LLC's Strategic Partnership to Power UAE's Clean Energy Future - Middle East Business News and Information
Innovest Holding LLC, a leading sustainable technologies investment firm based in Abu Dhabi, today announced a landmark strategic partnership with Nevada-based energy solutions innovator OXON™ Technologies. This collaboration marks a significant step forward in pioneering the next generation of green fuels and accelerating the transition to a cleaner energy landscape in the UAE and beyond. At its heart, this partnership is driven by a shared vision: to bridge the critical global gap for environmentally-friendly fuel alternatives. By joining forces, Innovest and OXON™ Technologies are poised to make substantial progress towards achieving the UAE's ambitious environmental goals, demonstrating a tangible commitment to a more sustainable future. The newly formed entity will focus on leveraging advanced technology to promote responsible energy use and achieve radical reductions in carbon dioxide emissions. This project is not just an initiative; it's an essential component of the UAE's core framework for eco-friendly economic growth and environmental protection – a testament to the nation's dedication to a greener tomorrow. 'At Innovest, we believe in shaping the future through transformative, sustainable technologies', Mohammad Mahfouz, Chief Executive of Innovest said. 'Our partnership with OXON™ Technologies to introduce OXONtech™ demonstrates commitment to clean energy, industrial growth, and environmental impact, aiming to position the UAE at the forefront of green fuel solutions,' he added. 'OXON™ Technologies welcomes this exciting next step in our two years of development and technology testing and with our UAE partners. This partnership is a testament to our shared vision of sustainable economic growth, technological innovation, and global leadership in environmental responsibility', Chief Executive of OXON™ Technologies, Andrew Lowenstein said. Looking ahead, Innovest is eager to collaborate with leaders in the refinery industry. This project is driven by a profound desire to decelerate climate change, promote sustainable development, and safeguard the energy future for the generations to come. Innovest and OXON™ Technologies are excited to embark on this journey together, paving the way for a brighter, greener future for the UAE and the world. About Innovest Holding LLC: Innovest Holding LLC is an Abu Dhabi-based sustainable technologies investment firm dedicated to identifying and supporting innovative solutions that drive positive environmental and economic impact. Innovest focuses on investing in technologies that contribute to a more sustainable and resilient future. About OXON™ Technologies: OXON™ Technologies is a Nevada-based energy solutions innovator specializing in advanced technologies for the development of green fuels and the reduction of carbon emissions.
Al Etihad
19-05-2025
- Business
- Al Etihad
Innovest Holding, OXON Technologies forge strategic partnership to power UAE's clean energy future
19 May 2025 20:59 ABU DHABI (WAM) Innovest Holding LLC, a leading sustainable technologies investment firm based in Abu Dhabi, today announced a landmark strategic partnership with Nevada-based energy solutions innovator OXON Technologies. This collaboration marks a significant step forward in pioneering the next generation of green fuels and accelerating the transition to a cleaner energy landscape in the UAE and its heart, this partnership is driven by a shared vision: to bridge the critical global gap for environmentally-friendly fuel alternatives. By joining forces, Innovest and OXON Technologies are poised to make substantial progress towards achieving the UAE's ambitious environmental goals, demonstrating a tangible commitment to a more sustainable newly formed entity will focus on leveraging advanced technology to promote responsible energy use and achieve radical reductions in carbon dioxide project is not just an initiative; it's an essential component of the UAE's core framework for eco-friendly economic growth and environmental protection – a testament to the nation's dedication to a greener tomorrow.'At Innovest, we believe in shaping the future through transformative, sustainable technologies', Mohammad Mahfouz, Chief Executive of Innovest, said. 'Our partnership with OXON Technologies to introduce OXONtech demonstrates commitment to clean energy, industrial growth, and environmental impact, aiming to position the UAE at the forefront of green fuel solutions,' he added.'OXON Technologies welcomes this exciting next step in our two years of development and technology testing and with our UAE partners. This partnership is a testament to our shared vision of sustainable economic growth, technological innovation, and global leadership in environmental responsibility', Chief Executive of OXON™ Technologies, Andrew Lowenstein said. Looking ahead, Innovest is eager to collaborate with leaders in the refinery industry. This project is driven by a profound desire to decelerate climate change, promote sustainable development, and safeguard the energy future for the generations to come. Innovest and OXON™ Technologies are excited to embark on this journey together, paving the way for a brighter, greener future for the UAE and the world.
Associated Press
27-01-2025
- Automotive
- Associated Press
OXON Technologies launches globally to deliver world-first fuel saving, emissions reduction fuel innovation
OXON™ Technologies launches OXON™Drive and OXON™Build products based on its patented OXONtech™ process that dramatically cuts emissions and fuel consumption. 'We have created the building block for a new generation of cleaner fuels. Our patented technology is already transforming the role of internal combustion engines' — Chief Executive of OXON™ Technologies, Andrew Lowenstein HENDERSON, NV, UNITED STATES, January 27, 2025 / / -- OXON™ Technologies launches OXON™Drive and OXON™Build products based on its patented OXONtech™ process that dramatically cuts emissions and fuel consumption for combustion engines. By reducing the activation energy required for combustion in liquid fuels, OXONtech™ products enable cleaner and more efficient combustion directly cutting carbon emissions by over 20% and fuel consumption by over 10%. With tens of thousands of vehicles already using OXONtech™ products, the firm is now scaling production to meet demand globally. The technology OXONtech™ is a patented method for inducing permanent dipoles (molecular charges) into proprietary OXON™ products. When these OXON™ products are blended into liquid fuels at refineries, central fueling stations or vehicle tanks, they modify the fuels to accelerate and transform combustion. 1. OXON™ products introduce nano-micelles (charged micro-clusters of organic molecules) that disperse amongst the hydrocarbon molecules of fuel. 2. OXON™ nano-micelles contribute free radical particles that create cascade reactions with lower energy activation barriers thus promoting faster combustion and reducing fuel consumption. 3. OXON™ nano-micelles also create complexes with oxygen. During combustion, these minimize heat absorbing oxygen-nitrogen collisions, thus reducing NOx emissions which are harmful to air quality and human health. Impact Addressing the environmental impact of internal combustion engines, OXONtech™ powered fuels have a transformative effect on the emissions profile of engines which emit up to 90% less particulate matter, 60% less NOx emissions, and 21% less CO2e emissions. OXON™ products are easily integrated into existing fleet fueling operations. With over ten million hours of run time globally in 2024, OXON™ Technologies' customers have displayed an average of 10% less fuel consumption and 97% less engine downtime from emissions faults when using OXON™ products. Expanding customer base Now scaling to meet global demand, OXON™ Technologies is currently supporting fleets that operate over 260,000 vehicles across the United States, Europe, and Africa in sectors including logistics, commuter transportation, mining, and construction. One customer, NYSE listed Sterling Infrastructure Inc.'s portfolio businesses Petillo, has used OXON™Build on 330 heavy vehicles in its fleet and demonstrated a 10.5% average fuel reduction over the course of 2024. Other customers include some of the world's largest transport and construction fleets. Chief Executive of OXON™ Technologies, Andrew Lowenstein said: 'We have created the building block for a new generation of cleaner fuels. Our patented technology modifies hydrocarbon fuels at the molecular level to enhance combustion, and our drop-in products are already transforming the role of internal combustion engines in the mix for decarbonization, efficiency improvement and fleet optimization. Once broadly adopted, OXON™ products each year could prevent 1.7 bn tons of carbon from being emitted across the globe, reduce spending on fossil fuels by $525 bn and contribute towards saving millions of lives currently lost to fine-particulate matter (PM2.5) & NOX pollution.' ENDS About OXONtech OXON™ Technologies, an American technology firm with worldwide presence, is focused on developing world leading solutions that reduce emissions and fuel consumption. After developing and patenting the OXONtech™ production process, the company's Nevada-based team has launched OXON™Drive and OXON™Build products that can be easily integrated into existing fleet operations and are currently used in transport vehicles and construction equipment across five continents. Andrew Turner Legal Disclaimer:
