Fuel laundering, fuel adulteration and fuel smuggling combine to create a global problem for governments around the world. Not only does it deprive them of hundreds of millions of dollars of taxation revenues, it poses a burden to the environment and also to innocent motorists whose vehicles incur long-lasting damage. The cost in terms of policing, dismantling discovered plants, clean-up operations and the safe disposal of dumped toxic sludge — a by-product from such illegal operations — is also considerable.
Read More
Topics:
authentication,
consumer protection,
product quality,
revenue protection,
fiscal tax recovery,
adulterated fuel,
brand security,
counterfeit detection,
product protection,
product authentication,
fuel fraud,
brand protection technology,
brand authentication,
brand protection,
safeguard brand quality
In many parts of the world, corruption is common and a part of everyday life. Apart from the corrosive effect this has on quality of service and availability of appropriate justice, this also has a negative effect on commerce. Reputable companies and people are unable to compete, so the market is left to others who are willing to ignore laws put in place to prevent corruption. Where this occurs, the economy suffers due to lack of investment which eventually contributes to poverty, pollution and poor health for the majority of the people who do not profit from corrupt activities. This is the type of environment where fuel fraud can flourish. In this latest blog, Tracerco will discuss how the implementation of a fuel marking program can help in the fight against fuel corruption
Read More
Topics:
consumer protection,
product quality,
revenue protection,
fiscal tax recovery,
safeguard brand equity,
adulterated fuel,
brand security,
counterfeit detection,
authentication, product authentication,
fuel fraud,
brand protection technology,
brand authentication,
brand protection,
counterfeiting,
safeguard brand quality,
brand,
fuel marking,
fuel marker,
fuel marker technology,
fuel adulteration,
fuel smuggling,
counterfeit fuel
