on SICPA HOLDING SA
SICPA Leads Global Fuel Marking with Over 60 Billion Liters Annually
In less than a decade, SICPA has emerged as the leader in turnkey fuel marking services, offering fraud detection and revenue optimization for over 60 billion liters of petroleum products each year.
Since 2016, SICPA's Fuel Integrity Solution (FIS) has been successfully implemented across Europe, Asia, Africa, and the Middle East. This robust solution provides traceability, monitoring, and fraud detection throughout the fuel supply chain. The United Nations University World Institute for Development Economics Research reports fuel theft valued at over USD 130 billion globally each year.
SICPA's resilient forensic markers are introduced at all entry points of fuel products in a territory. Mobile field analyzers in inspection vehicles can quantify these markers within five minutes, ensuring precise monitoring. Strategic data reporting offers critical information on fuel consumption and fraud risk patterns.
Through its fuel marking contracts, SICPA aids governments in safeguarding tax collection, combating illicit supply chain activities, ensuring product quality, and reducing pollution from adulterated fuels.
In the Middle East, SICPA’s FIS helps prevent illegal fuel exports and misuse. The company also benefits from a global partnership with SGS for field inspection and testing services, enhancing the performance and stability of fuel integrity programs.
Omar Messlem, SICPA's Head of Fuel Segment, emphasizes the system's capabilities in providing court-admissible forensic detection and aiding governments in energy management and national security.
R. E.
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