BIOREM Announces $2.2 Million in New Orders

GUELPH, ON, Jan. 2, 2013 /PRNewswire/ - BIOREM Inc. (TSX-V: BRM) ("Biorem" or "the Company") is pleased to announce the recent receipt of four new orders totalling $2.2 million.

The largest order, exceeding $1.4 million, is for an industrial VOC (Volatile Organic Compound) and odour removal project in Moscow, Russia, which is the 5th order from this large European multinational client. Biorem has utilized its BiosorbensR proprietary biofilter media technology in the design of the five projects which is highly effective for this particular VOC emission.

Biorem was also awarded its 3rd order from a major petrochemical client in Brazil for a system to destroy odour and VOC emissions from a refinery waste water treatment facility.

Two additional orders for odour control systems within municipal waste water treatment plants in Canada and USA were also received. Each of the 4 orders are scheduled for completion in 2013.

"Biorem has been methodically developing biological treatment processes through its advanced research and development activities for several years to commercialize solutions for VOC air abatement systems" said Peter Bruijns, President & CEO. "Our commercial approach is to proceed steadily and systematically into target market niches within this vast $2.5 billion global market by ensuring reliable VOC abatement systems are provided to our customers."

About BIOREM Inc.

Biorem is a leading clean technology company that designs, manufactures and distributes a comprehensive line of high-efficiency air emissions control systems used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). With sales and manufacturing offices across the continent, a dedicated research facility, a worldwide sales representative network and more than 700 installed systems worldwide, Biorem offers state-of-the-art technology-based products and peace of mind for municipalities, industrial companies and their surrounding communities. Additional information on Biorem is available on our website at www.biorem.biz.

SOURCE Biorem Inc.

Copyright 2013 PR Newswire

Biorem (TSXV:BRM)
Historical Stock Chart
Von Dez 2024 bis Jan 2025 Click Here for more Biorem Charts.
Biorem (TSXV:BRM)
Historical Stock Chart
Von Jan 2024 bis Jan 2025 Click Here for more Biorem Charts.