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SICPA Leads Global Fuel Marking With Over 60 Billion Liters Annually
Prilly, 1st October 2024 - In less than a decade, SICPA has positioned itself as the global leader in turnkey fuel marking services, marking over 60 billion liters of petroleum products per year. This achievement supports fraud detection and revenue optimization worldwide.
Since 2016, SICPA's Fuel Integrity Solution (FIS) has been effectively deployed in Europe, Asia, Africa, and the Middle East. This integrated system ensures traceability and monitoring throughout the supply chain. According to the United Nations University, over USD 130 billion worth of fuels are stolen annually, demonstrating the critical need for SICPA's solutions.
SICPA's technology involves resilient forensic markers in fuel products that inspection vehicles can analyze in under five minutes. This process helps governments safeguard tax collection, combat illicit activities, ensure product quality, and reduce pollution from adulterated fuels.
In partnership with Swiss company SGS, SICPA delivers robust fuel integrity programs. “Our system allows for ultra-fast forensic detection, supporting strategic oil reserve management and national security,” stated Omar Messlem, Head of Fuel Segment at SICPA.
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