Business
BluMetric Signs Exclusive Agreement to Represent LG Water and Wastewater Treatment Membranes in Canada
OTTAWA , Sept. 4, 2013 /CNW/ - BluMetric Environmental Inc. (TSXV: BLM) is pleased to ...
About this update from Blumetric Environmental Inc.
[{"type":"text","content":"\n\n\nOTTAWA, Sept. 4, 2013 /CNW/ - BluMetric Environmental Inc. (TSXV: BLM) is pleased to announce that the\n Company has signed an exclusive Agreement with LG Electronics (Seoul:\n 066570; London: LGLD) to represent the Korean multinational's product\n line of water and wastewater treatment membranes in Canada.\n\n\nLG is a global leader in chemicals development & production, and brings\n this state-of-the-art expertise to the manufacture of the most advanced\n membrane technologies in the water industry.  Unlike almost all other\n membrane manufacturers, LG is a world-renowned polymer chemistry center\n of excellence.  LG's membrane product line thus has significant\n advantages over competitive treatment technologies, with superior\n membrane integrity, permeability, and design flexibility as well as\n reduced operating and maintenance costs.\n\n\n\"The up-front capital cost of water and wastewater treatment plants\n represents a fraction of the operating cost over the 25-year lifecycle\n of the facilities,\" said Dan Scroggins, Chief Technology Officer. \"In\n an environment of increasingly tighter municipal budgets, BluMetric's\n ability to provide customers with LG's membrane product line offers\n significant operational and maintenance cost benefits.  In particular,\n the LG membranes reduce the potential for fouling and lower the driving\n force required for treatment.  This results in reduced energy\n consumption and cleaning requirements, and makes BluMetric's services\n even more appealing.\"\n\n\n\"This Agreement sets the stage for the commercialization of a range of\n advanced water and wastewater treatment system product lines using LG\n membranes,\" said BluMetric CEO William (Bill) Touzel.  \"This is a\n ground-breaking global opportunity for the Company, enabling us to\n introduce the next generation of Membrane Bioreactors (MBRs) for\n wastewater treatment as well as launch a new and cost-effective product\n line for drinking water systems.\"\n\n\n\"We are excited about the opportunity to work with BluMetric and have\n the Company represent our membrane product lines in Canada.  We look\n forward to a rewarding business relationship with BluMetric, combining\n their on-the-ground expertise with our leading membrane technologies,\"\n said James Hotchkies, Head of International ...