Yet another exciting year has passed, and we would like to thank all of our partners and customers for a rewarding cooperation.
2018 is almost over and 2019 is closing in. Another year is added to the history of Eltronic FuelTech - a year where we have been busy strengthening our business even further through exciting initiatives.
This November our business unit officially turned into a separate company named Eltronic FuelTech A/S. We are very proud of the development and growth that has led to the possibility of becoming an independent company and we are looking forward to continuing this journey with all our stakeholders - and while continuing ownership and affiliation with our strong parent company Eltronic Group.
New development projects
In 2018, we have experienced increasing demand for our solutions for dual fuel engines due to the new IMO regulations which will enter into force in 2020. We already have several solutions for this purpose and we will continue to develop new innovative solutions for the shipping industry to accommodate the requirements for reduction of emission in order to improve the global environmental challenges.
One of the projects we have been working on this year is the development of the world’s first Fuel Valve Train for liquified petroleum gas (FVT LPG) initiated as a result of customers demand. The FVT LPG is designed to be connected through piping from the Low-flashpoint Fuel Supply System (LFSS) to fuel consumers such as internal combustion engines. The unit will include filtration of media before injection as well as temperature and pressure monitoring between the fuel supply system and the engine.
Last year the new Gas Valve Unit Geminus for low pressure systems was finalized and introduced to engine builders, shipyards and shipowners with very positive response. Due to the new modular and double-walled ventilated design, we have throughout the year also experienced an increasing interest from the marine boiler/burner manufactures as these great advantages contributes to a more competitive product for their business as well. We hope to build equally strong alliances with these manufactures in the years to come as we have with our existing business relations.
Expansion of service organization
During 2018, we have once again seen an increasing activity in our service department, as the number of Gas Valve Trains and Gas Valve Units being put into operation is growing. As the need for Eltronic FuelTech superintendents to participate in commissioning and gas trials have increased, we have significantly expanded our service organization in order to respond to our customers’ needs even faster. We have enjoyed the opportunity to work closely and locally with our customers through the year and we hope to continue this cooperation in 2019.
At last, we would like to thank all of our partners and customers for a rewarding cooperation this year. We appreciate the sparring and feedback we have in our daily correspondence and we look forward to continuing developing and improving our products and services for the common future we are facing - now as our own company.
We wish you all a Merry Christmas and the very best in 2019!