Local company hopeful of dti investment mission

Monday, March 23, 2015

Pretoria - Gauteng businesswoman Jill Carol Sesoko is confident that being part of the Department of Trade and Industry’s Trade and Investment Mission to Ethiopia and South Sudan will yield good returns for her company.

Sesoko’s Krugersdorp based company, GreenThermo Energy, forms part of the South African businesspeople who will participate in the mission that kicks off on Monday.

The aim of the mission is to find export markets for South African products and services.

The mission is also intended to increase trade and investment between South Africa and the two countries. It will also present an ideal platform for South African companies that would like to export value-added products and those looking for investment opportunities and joint venture partnerships in the two East African countries.

GreenThermo Energy, which also manufactures biodiesel, is South Africa's only supplier of fuel performance catalyst (FCP).

FPC is a fuel combustion technology that enhances the combustion power of fuel, thereby increasing the burning rate of fuel, resulting in the reduction of greenhouse gas emissions and fuel consumption of up to 10%, among others.

According to Sesoko, GreenThermo Energy boosts environmental saving efforts of petroleum wholesalers, bulk consumers, logistics and fleet management companies in realising sustainable improvements in fuel efficiency and emissions reduction through innovative fuel combustion based green fuel products and services.

The company has for the last four years partnered with the Australian fuel manufacturer to deliver a localised, dedicated fuel efficiency service tailor-made to meet Africa’s fuel energy efficiency needs.

It is well positioned to support companies to take full advantage of lessening the effects of harmful gas emissions from diesel fuel (CO, CO², HC), while benefiting considerably on the demonstrable gains of fuel-cost savings attributable to fuel combustion technology.

“I am so excited about the trip to Ethiopia and South Sudan. I am hoping that we will be able to get exposure and make inroads into the market there. We would like to interact with big players in the mining and agriculture industries that side because this is where a lot of diesel is used.

“We will also explore possible opportunities in the trucking businesses. We have no doubt that our product will generate interest there but we are hoping to do more than that by signing contracts and sealing deals to supply the catalyst and add value to the current initiatives to promote cleaner and greener fuel  strategies,” said Sesoko, a mother of  two who hails from Ga-Rankuwa, Tshwane.

Sesoko is confident that opportunities for her company will also open in other countries, as many of them are in the process of adopting the mandatory use of biodiesel to reduce greenhouse gas emissions and protect the environment.

The mission will conclude on Friday. – SAnews.gov.za