GUELPH, ON, June 20, 2017 /CNW/ – BIOREM Inc. (TSX-V: BRM) (“BIOREM” or “the Company”) announces that it has entered into a strategic partnership with Tus-Material Group to market globally their ultrafiltration membranes.
Ultrafiltration membranes provide a barrier to contaminants in water including suspended solids and pathogens such as cryptosporidium, E. coli, and viruses. Tus-Material Group membranes offer specific advantages over competitive filtration membranes in the market, including higher productivity, greater strength and ability to treat a wide water quality range. Their ultrafiltration membranes are used in all aspects of water treatment, including filtration of surface water, pre-treatment of seawater for purification using reverse osmosis, and filtration of secondary effluents and industrial water streams for recycle.
“As the quality and quantity of clean water diminishes across the world, demand for ultrafiltration will continue to grow,” said Derek S. Webb, President and CEO. “The global ultrafiltration market was estimated at $3.3 Billion in 2016, and with a robust 5 year compound annual growth rate (CAGR) of 6.9% is expected to hit $4.6 billion in 2021. BIOREM is in a unique position to leverage our competence, relationships and distribution networks to access the opportunities that this demand is creating.” “Diversification of markets and products will help to grow the Corporation to becoming a global leader in providing environmental services.”
Tus-Material Group is a subsidiary of the TUS Holdings Group. The TUS Holdings Group represents a diverse set of companies engaged in the water, wastewater, solid waste and renewable energy sectors, with approximately $30 billion in assets.
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 more than 1,000 installed systems worldwide, BIOREM offers state-of-the-art technology-based products and peace of mind for municipalities, industrial companies and their surrounding communities.
For further information contact:
Derek S. Webb, President and Chief Executive Officer
Tel: (519) 767-9100
Douglas Newman, Chief Financial Officer
Tel: (519) 767-9100