Business Daily Media

Men's Weekly

.

SICPA world leader in fuel marking by volume, with over 60 billion liters marked per year

PRILLY, SWITZERLAND - EQS Newswire - 1 October 2024 - In less than a decade, SICPA has become the global market leader in turnkey fuel marking services, now providing fraud detection capability and revenue optimization for over 60 billion liters of petroleum products annually.



Since 2016, SICPA has been successfully deploying its Fuel Integrity Solution (FIS) in Europe, Asia, Africa and the Middle East. FIS is a robust integrated fuel marking solution that provides traceability, monitoring and fraud detection capabilities throughout the supply chain. It answers a serious challenge: according to the United Nations University World Institute for Development Economics Research, with more than USD 130 billion worth of fuels stolen worldwide every year, it is the largest smuggled natural resource.

SICPA's highly resilient forensic markers are introduced into fuel products at all points of entry in a territory. Inspection vehicles equipped with mobile field analyzers can precisely quantify the markers' level in fuel products, in less than 5 minutes, all along the supply chain. Strategic data reporting provides key information on fuel consumption and risk patterns related to fraud detection.

SICPA has acquired solid technological experience through its fuel marking contracts, helping governments achieve their ambitious goals, such as safeguarding and optimising tax collection, combating illicit activities throughout the supply chain, ensuring that consumers receive the product quality they expect and reducing air pollution caused by adulteration with substandard products.

SICPA's FIS enables governments to effectively combat illicit trade by tackling various types of fraud such as smuggling, under declaration, diversion, dumping, adulteration, or dilution. In the Middle East for example, FIS helps authorities to prevent the illegal export of domestic fuel to neighbouring countries as well as its misuse in the domestic market.

SICPA also benefits from a global strategic partnership with Swiss company SGS, the global leader and an unmatched partner for fuel marking operations, field inspection and testing services. SICPA and SGS have a proven track record of successful collaboration ensuring the performance, stability, and robustness of their joint fuel integrity programs.

"SICPA's FIS benefits are recognized by governmental authorities worldwide. Based on a century of combined cutting-edge innovations in material, digital and data science domains, we provide public authorities with ultra-fast forensic detection capabilities on the field, allowing court-admissible evidence. Our system also enables governments to manage their strategic oil reserves, preserving their energy independence and helping to maintain national security by avoiding fuel shortages" explains Omar Messlem, Head of Fuel Segment at SICPA.

Hashtag: #SICPA

The issuer is solely responsible for the content of this announcement.

About SICPA

is a Swiss technology company that supports the effective governance and long-term prosperity of nation states.

Our platform of sovereignty enables our customers to authenticate and secure their vital assets, through custom solutions based on a century of combined cutting-edge innovations in material, digital and data science domains.

At the center of every SICPA solution is a custom crafted molecule, unique to each nation. Acting as a single source of truth, these unique markers are deployed across the full value chain to generate actionable and trustworthy insights in real time.

Established in 1927 and headquartered in Switzerland, SICPA is best known for safeguarding the majority of the world's banknotes. With operations across five continents, today our platform delivers sovereignty solutions mainly across revenue mobilisation, identity verification, healthcare security, and brand protection.

About SGS

We are - the world's leading testing, inspection and certification company. We are recognized as the global benchmark for sustainability, quality and integrity. Our 99,600 employees operate a network of 2,600 offices and laboratories around the world.

News from Asia

Weaving a Luminous Fairy Tale with Technology: An Immersive Nighttime Spectacle Hosted by the Liangma River in Beijing

BEIJING, CHINA - Media OutReach Newswire - 15 October 2025 - A golden autumn breeze brushes past the banks of Liangma River, as dazzling lights illuminate the night sky over Chaoyang...

Galaxy Macau Presents Tatler Off Menu; Returns with a Stellar Line-up of Chefs to Illuminate Macau as a UNESCO Creative City of Gastronomy

Macau’s cornerstone culinary event brings the region’s top talents to Galaxy Macau from November 14 to 15 with early-bird ticketing by October 26. MACAU SAR - Media OutReach Newswire - 15 October ...

Project for Love Expands Compassion-Based Education Across Africa

JOHANNESBURG, SOUTH AFRICA - African Media Agency (AMA) - 15 October 2025 - Project for Love, a global educational movement rooted in loving-kindness and compassion, is deepening its impact in Afri...

World Vision marks its 75th anniversary with World Vision Day , sharing the achievements of its global poverty alleviation efforts and expressing gratitude to its partners for walking alongside

HONG KONG SAR - Media OutReach Newswire - 16 October 2025 - Embarking the 75th anniversary of World Vision International, World Vision Hong Kong hosted World Vision Day on 11 October, 2025 (Saturd...

The National University Hospital and Ruijin Hospital, Shanghai Jiao Tong University School of Medicine establish key partnership for collaborative healthcare innovations

Through the newly-formed Singapore-Shanghai Medical Innovation Centre, clinicians from both hospitals partner to advance breakthroughs in cell and gene therapy and orthopaedics for a start SING...

Aryaka Launches New Channel Program, Bringing Simplicity and Scalability to Partner Ecosystem

Aryaka Partner Program strengthens partner engagement, improves ease of onboarding, and positions company for accelerated channel-led growth SINGAPORE - Media OutReach Newswire - 16 October 2025 –...

"Veterinary Orthopedic Guardian": European Veterinary Surgeon Dr. Hannah Partners With VEC Hong Kong

Bringing Extensive European Experience to Lead Advanced Orthopaedic Surgeries and Elevate Pet Surgical Care HONG KONG SAR - Media OutReach Newswire - 16 October 2025 - Veterinary Emergency Centr...

Tourism and Commerce Surged During F1™[1] Singapore Night Race – Visa

The increase in spend is driven by affluent travellers and nighttime economy SINGAPORE - Media OutReach Newswire - 16 October 2025 - Visa, a global leader in digital payments, today released new i...

Kuala Lumpur Sustainability Summit 2025 Champions Regional Leadership in Climate Action and Green Growth

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 16 October 2025 - The Kuala Lumpur Sustainability Summit (KLSS) 2025 continued its momentum on the second day, following the launch on Tuesday by...

Jollibee Named Best in Customer Service Among Fast Food Chains in Singapore

SINGAPORE - Media OutReach Newswire - 16 October 2025 - The Jollibee Group celebrates another major milestone and international win as Jollibee Singapore has been hailed by the Straits Times as th...

Qantas to Serve Nan’s Davidson Plum Cookie

Lake Macquarie, NSW (Awabakal Country): From a single mother’s kitchen bench to supermarket shelves, Wiradjuri entrepreneur Terri-Ann “Tezzi” Dani...

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...