Authentix, a global leader in authentication and information services, has reached a significant milestone, celebrating 25 years as the market leader in covert fuel marking. The company has marked over 3 trillion litres of fuel and currently supports more than 20 unique sector programs, treating approximately 150 billion litres of fuel annually.
Since its inception in 1996, Authentix has been at the forefront of covert fuel marking, delivering innovative proprietary technologies and data analytics to both governments and commercial oil companies. The firm employs advanced covert chemical markers, handheld fuel analysers, and local program support to help clients monitor real-time supply chains. This technology enables the detection of illicit trading of petroleum products across both upstream and downstream sectors.
Authentix’s journey began with a small team in a single office, but it has since expanded its reach significantly. Today, the company operates fuel marking programs across Central and South America, the Middle East, Africa, Europe, Asia, and Australia, boasting over 600 employees in various offices worldwide.
Kevin McKenna, President and Chief Executive Officer of Authentix, commented on the company’s success: “Our commitment to innovation and prioritising our customers’ success has been crucial to our growth in fuel marking over the past 25 years.” McKenna noted that the company’s covert fuel marking solutions play a vital role in preventing illegal smuggling and tax evasion, thereby ensuring that governments recover legitimate tax revenues. He added that these solutions help commercial oil companies maintain fuel quality, uphold their brand reputation, and foster consumer trust.
Authentix offers a comprehensive toolset that includes chemical markers, fuel analysers, mobile applications, and a web-based data management platform called AXIS®. These resources allow customers to track and enforce compliance, with many reporting a reduction in illicit activities from over 30% of their fuel volume to less than 5%. This significant decrease results in a substantial return on investment, often ranging from five to 15 times the initial cost of the marking program.
Kent Mansfield, Chief Sales and Marketing Officer, highlighted another key factor contributing to Authentix’s longevity and success: a steadfast commitment to sustainability. “Our solutions utilise environmentally friendly CHON-based chemical markers—composed of carbon, hydrogen, oxygen, and nitrogen—that conform to global environmental treaties and significantly reduce persistent organic pollutants,” Mansfield stated. He also noted that Authentix reinvests in the communities it serves by funding educational facilities, providing essential equipment, drilling wells for freshwater access, and installing solar electric infrastructure for schools and medical facilities.
As Authentix looks to the future, the company remains dedicated to innovation and sustainability while continuing its mission to combat illicit fuel trading and bolster legitimate revenue streams for governments and businesses alike. For more information, visit https://www.authentix.com