March 31, 2010

LANXESS and BioteQ Announce Marketing Alliance

Companies to jointly develop water treatment projects targeting North American resource and power projects.

 

BioteQ Environmental Technologies, Inc. (TSX:BQE), a leader in the treatment of industrial waste water, and LANXESS Sybron Chemicals, Inc., a manufacturer and supplier of ion exchange resins and adsorbers for water treatment, have announced a marketing alliance to jointly develop water treatment projects targeting North American resource and power projects.

 

Under the terms of the agreement, BioteQ and LANXESS have agreed to work together to identify, evaluate, and pursue sales opportunities with potential customers in the resource and power industries in North America. The companies have agreed to jointly market and apply BioteQ's process technologies for treatment of metal and sulphate-laden waters with LANXESS's Lewatit® ion exchange resins, as a water treatment solution for sulphate-laden waters such as cooling tower blowdown and flue-gas desulphurization scrubber water, and metal contaminated waters.

 

"LANXESS's marketing alliance with BioteQ is part of our strategy to grow our selective ion exchange business in the field of resource recovery," said Firuza Mir, President and CEO of LANXESS Sybron Chemicals, Inc. "We are looking forward to closely working with BioteQ to provide premium water treatment solutions for new and existing customers."

 

BioteQ is a water treatment company that applies innovative technologies and operating expertise to solve challenging water treatment problems, reducing environmental liabilities while delivering lower life cycle costs for water treatment. The company's commercially proven technologies treat industrial wastewater contaminated with dissolved heavy metals and sulphate, producing saleable by-products and clean water that can be discharged safely to the environment.

 

By working together, BioteQ and LANXESS can expand their respective product offerings and customer base to provide a compelling solution for challenging water treatment problems in the power and resource industries, helping customers to improve water conservation and re-use, reduce energy consumption and the associated carbon footprint, and comply with regulations while reducing life cycle costs for water treatment.