Friday, March 10, 2006
Palm oil fuel additive introduced in Davao
By Antonio M. Ajero
A PALM oil-based motor fuel additive claimed to be much better than the much ballyhooed coconut bio-diesel is being sold in the Davao area through a unique marketing system.
The product, developed by British and Malaysian researchers for seven years and enhanced by Filipino scientists, is F2020. It is being introduced in the Philippines by Palmtec International Trading Corporation.
Palmtec president and chief executive officer Bernilo Pacheco told Davao media practitioners his product can save fuel up to 50 percent as against coco bio-diesel, which can save only up to 20 percent.
Pacheco, who has written a book on how to combat Philippine poverty, claimed that F2020 is also a fuel purifier with a 100-percent combustion rate.
He said that while the palm oil-based fuel saver has impressive engine power performance, coco bio-diesel is problematic. Coco bio-diesel is limited to diesel fuel only, while F2020 is good for gasoline, diesel, and bunker fuel.
"Masyadong problemado ang coco diesel, mabigat ang density nito, hindi nasusunog 100 percent," Pacheco said.
Tests showed that after a few days of using coco bio-diesel fuel additive, residues, called "latik" in the vernacular, gather in the upper part of the piston chamber, Pacheco bared. He said the unwelcome deposit adversely affect the engine timing, so much so that on the second month, one already needs to open the top part of the engine.
On the other hand, Pacheco claimed, F2020 has flush-out power which removes carbon deposits in the combustion chamber on top of the piston, thereby minimizing if not total eradicating smoke belching.
A tripartite agreement signed in Davao City this week calls for the marketing of F2020 exclusively by Xenith Global Network through a new scheme which combines the binary system and multi-level marketing.
Rod Guerrero, CEO of Xenith Global, explained the scheme during the product launch last Monday at the Grand Men Seng Hotel.
Aside from the possibility of earning millions of pesos, Guerrero said the scheme gives numerous benefits to network members never before given by any group. These include free hospitalization and other health benefits.
The benefits were explained to media practitioners and would-be network members by Enrique dela Cruz, president and CEO of Consulta Management Group Inc., which is a party in the tripartite agreement. Xenith Global also markets AM Blend, Khatari Wine, Khatari Capsule, and Activated Stabilized Oxygen.
For Bisaya stories from Davao. Click here. (March 10, 2006 issue)
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