Business
EESTech, Inc. Announces Heads of Agreement with Ramboll
EESTech, Inc. Announces Heads of Agreement with Ramboll.
About this update from Eestech, Inc.
[{"type":"text","content":"\n\n\n\nEESTech, Inc. Announces Heads of Agreement with Ramboll\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nEESTech, Inc. Announces Heads of Agreement with Ramboll\nPR Newswire\nNEW CASTLE, Del., March 18, 2020\n\n\n\nNEW CASTLE, Del., March 18, 2020 /PRNewswire/ -- EESTech Inc (OTC: EESH), publicly traded on the US OTC markets, is a specialist in the provision of reclamation and remediation services to the world's mining and minerals processing industries. EESTech has developed a patent pending design breakthrough in primary smelting furnace technology known as the IRF (Induction Reduction Furnace). \nEESTech has entered into an exclusive agreement with Ramboll for the supply of engineering services for all future deployments of the IRF. Working in collaboration with Tetronics and Inductotherm, Ramboll will undertake project feasibility studies, determine systems integration, complete detailed engineering designs for the first IRF pilot plant at an EESTech US facility. \nRamboll's Advanced Manufacturing Business Unit (Ramboll) is based in the US and is a specialized engineering, equipment and project delivery group with over 70 years of systems integration experience. Ramboll is a leading international engineering consultancy company founded in Denmark in 1945, with over 300 offices in 35 countries.\nEESTech CEO, Mr Murray Bailey, said, \"the IRF is a primary smelting design breakthrough that represents a paradigm for the minerals processing industry, the magnitude of which has the potential to revolutionise the world's foundry and metal casting industries.\"\nSpokesman for Ramboll, Mr Steve Palin said, \"We look forward to working with EESTech to initiate the integration and development process of the IRF and will identify critical components and additional technologies if required to support the deployment of the IRF.\"\nRamboll acknowledges Inductotherm as a world leader in induction furnace technologies, having supplied over 35,000 induction melting and heating systems for a wide range of applications and Tetronics as a world leader in high temperature Dire...