Verditek PLC BBR reaches agreement with a US water authority (1467B)
08 January 2018 - 6:00PM
UK Regulatory
TIDMVDTK
RNS Number : 1467B
Verditek PLC
08 January 2018
8 January 2018
Verditek PLC
("Verditek" or the "Company")
BBR reaches agreement with Northeast US water authority and
partners with Isle Utilities to carry out a targeted market survey
in the US
Verditek plc, (AIM: VDTK), the clean technology company, is
pleased to announce that its subsidiary, BBR Filtration Limited
("BBR"), a filtration deodorisation company, has agreed to
undertake a trial with a water authority in Northeast of the United
States ("US").
BBR has also partnered with Isle Utilities, an internationally
renowned innovation technologist, in order to undertake a market
survey to research odour problems at treatment plants and lift
stations across the US.
BBR has reached a preliminary agreement with a water authority
in the Northeast US to commence a trial in early spring 2018 at a
wastewater treatment plant where odour control has become one of
the authority's main priorities. The water authority believes that
BBR's filtration technology will provide an innovative, efficient
and cost effective solution to its current ineffective odour
control processes.
BBR commissioned Isle Utilities to undertake a 'Voice of Market'
survey with a number of US water authorities across eight states.
The objective of the survey was to establish the magnitude and
scale of odour problems at treatment plants and lift stations,
explore the efficacy of existing removal and control solutions, and
gauge the current and future demand for new solutions to replace
underperforming systems.
The results are extremely encouraging and illustrate that over
70% of the water authorities contacted in this survey, who operate
a total of more than 1,500 sewage pumping stations, reported major
odour issues. As a result, 9 companies have provisionally agreed to
meet with BBR immediately in order to consider the use of BBR's
biofiltration technology.
Following the result of this survey, BBR will continue to work
closely with Isle Utilities on further market research commissions,
aimed at helping BBR to establish and grow its manufacturing and
business base in the US, and other territories including Europe and
Australasia.
Verditek's CEO, Theo Chapman, commented: "This feedback is
critical to progress, and is a milestone in establishing BBR
Filtration as a key player in the wastewater industry. The results
demonstrate, not only the attractiveness of our unique system and
BBR's recognition as a technology leader in its field, but also the
scale of the potential market in the US".
A Consultant for Isle Utilities, Kevin Weeks, added: "The study
has been a huge success in establishing the potential market
opportunity for BBR, in an area where it is clear that other,
conventional systems have many drawbacks. We are excited at the
continuing prospect of developing the partnership further and
assisting BBR in rolling out this unique, sustainable technology
across the US".
Enquiries:
Verditek plc
+44 (0) 20 7129
Geoffrey Nesbitt (Non-Executive Chairman) 1110
Theodore Chapman (Chief Executive Officer) enquiries@verditek.plc.uk
Stockdale Securities Limited (NOMAD
and Broker)
Antonio Bossi +44 (0) 20 7601
Hanan Lee 6100
+44 (0) 7825 916
Yellow Jersey (PR & IR) 715
+44 (0) 7544 275
Georgia Colkin 882
Harriet Jackson +44 (0) 7951 402
Henry Wilkinson 336
Notes to Editors
Verditek plc
AIM listed Verditek plc is a holding company with three
businesses operating within the clean technology sector. The
Company has a unique liquid gas absorption technology expected to
revolutionise the global CO(2) capture industry; two solar
manufacturing production lines in San Marino each of 25MWp (total
50MWp) producing what is believed to be an innovative and
un-paralleled solar PV building material; and a pioneering
filtration deodorisation technology, which is commercially proven
and tackles a wide range of odours within air and water at a high
efficiency.
For more information please visit or contact the following:
https://www.verditek.plc.uk/
BBR Filtration (BBR)
BBR Filtration technology is an air purification and odour
control system with significant commercial advantages over other
bio-filtration technologies. The process uses efficient water
recycling ancillary systems to minimise raw water use, and pH
control is affected by low caustic dosing. The final polishing
phase results in the discharge of practically clean, odour free air
to the atmosphere with an on-board computer to remotely monitor the
system and report irregularities. The System only requires:
three-phase electrical power, normal mains water supply, sewer
drainage and inlet and outlet air ducts. The technology
successfully removes over 99% of hydrogen sulphide from wastewater
streams.
Further information on BBR Filtration technology may be found
here: http://www.bbrfiltration.com
This information is provided by RNS
The company news service from the London Stock Exchange
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