News Archive IFT Distribution Partner Lubrichim and Taiwan-Based KFAS International
ST. LOUIS, May 24, 2010 – International Fuel Technology, Inc. (IFT) (OTCBB:IFUE) announced today that Lubrichim, in conjunction with Taiwan-based KFAS International Co. Ltd. (KFAS), will begin marketing and distributing DiesoLIFT™10 and GasoLIFT™10 under the brand names AutoPlus 3001 and AutoPlus 3002, respectively. KFAS will market and distribute the products in Taiwan, Indonesia, Malaysia, Vietnam and the Philippines.
Lubrichim has been purchasing IFT additive formulations since 2007 for repacking and distribution under the AutoPlus brand name. Lubrichim has also been pursuing partnerships with other distribution companies to expand distribution of IFT fuel additive formulations through the AutoPlus brand name.
“We are confident there will be high demand for AutoPlus in our markets,” said Ken Kuo, CEO of KFAS. “It is clear that IFT fuel additive formulations provide superior benefits in terms of increased fuel economy and improve engine performance to end users. The initial market segments we will focus on are the automotive industry, transportation and fleet companies and marine applications.”
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