GUELPH, ON, June 2 /CNW/ - BIOREM Inc. (TSX-V: BRM) today announced that it has received two orders for biogas sweetening systems in North America. The sweetening systems will use Biorem's proprietary low energy biological technologies to remove high levels of hydrogen sulfide (H2S) from raw biogas, enhancing its value for use in renewable energy generation. One of the systems will purify biogas captured from a landfill site while the other will purify biogas generated from the anaerobic digesters of a municipal wastewater treatment facility. The biogas sweetening systems will be installed and operating this year.
"These orders highlight the progress of Biorem's expansion into the renewable energy market and showcase the potential for our proprietary biological-based systems to significantly enhance biogas recovery," said Peter Bruijns, President and CEO. "While biogas can be generated from a variety of sources, it often contains impurities which must be removed. Using energy intensive solutions or chemical processes to purify biogas counteracts the value of biogas as a renewable energy source. As such, we expect our low-energy biologically-based systems will become recognized as an essential and economical component in biogas generation."
As previously announced, in addition to its established leadership position in the odor control market, Biorem is concentrating on two new major market segments: renewable energy (biogas purification) and treating emissions of volatile organic compounds (VOC). These two combined markets are estimated to be $425 million annually in North America, and will also provide significant opportunities in China where Biorem also operates.
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 over 600 installed systems worldwide, Biorem not only offers state-of-the-art technology-based products but also peace of mind for municipalities, industrial companies and their surrounding communities. Additional information on Biorem is available on our website at www.biorem.biz.
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This press release contains forward-looking statements based on current expectations. These forward-looking statements contain various risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Risks and uncertainties about the Company's business are more fully discussed in the disclosure materials, financial statements and MD&A filed with the securities regulatory authorities in Canada on www.sedar.com
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SOURCE BIOREM Inc.
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