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Monday, September 30, 2013 9:35:15 AM
Bioflamex Corp. expands clean tech profile with entry into bio-organic catalyst water & waste management
2013-09-30 09:19 ET - News Release
The Management of BFLX are pleased to announce the signing of a collaboration agreement with the South African bio-cleantech company Avantu/Mpilonde-BOC.
The agreement comprises collaboration on the marketing and sales of the unique bio-organic-catalysts from Avantu/Mpilonde-BOC. Initially, the two companies will colaborate on 1 or 2 pilot projects and it is the intention to drive the mutual business into a sizeable partnership.
The product line ranges from heavy industial cleaning and waste water treatment to more mass market products. The problems that can be tacked ranges from oil tanker and refinery cleaning, oil spill and airport tarmac cleaning and water filtration plant clogging, to fat and grease removal from drains and water pipe systems.
On this new venture, Mr Kristian Schiorring, CEO of Bioflamex Corp. commented "We come from the clean-tech sphere, and we understand the client needs and the benefits of bio-organic catalysts to clients, society and the environment. We see some good potential in exploiting the fact that there are significant synergies in client prospects, and we also note that this initiative will offer our company different angles of approach to more clients. In popular terms, we can help clients to fight fires and clean up afterwards. All in all we believe that this will be a sound strategic addition to our portfolio and look forward to commencing the work with Mpilonde-BOC."
Mr Schiorring went on to noting that "This does not imply that we will deviate from our business plan on the fire fighting and protection products and solutions. On the contrary we expect that the complementing products will actually help promoting a faster penetration into certain key buiness sectors."
The planning and preparations on the pilot projects will start in September and October 2013.
BFLX officers own 8BN restricted shares which do not qualify to be sold until March 2014.
About Avantu/MpilondeBOC: Avantu/Mpilonde-BOC produces and distributes proprietary, patented products directed at solving the most critical aspects of improving water quality and related biological challenges. The Bio-Organic Catalyst (BOC) and Bio-Augmentation technologies are un-matched globally in their ability to eradicate universal biological pollution, and provide eco-friendly solutions in industrial cleaning, petroleum hydrocarbon remediation, odor control, waste water treatment and purification systems worldwide.
Avantu/Mpilonde-BOC's target markets include the oil & gas sectors, large & small corporations, municipalities, commercial farmers, mining sector, airports & airlines.
Mpilonde BOC is always seeking to expand its geographic mandate in the $94 billion waste and ballast water treatment market.
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