Green Earth Technologies (GET) has been granted a perpetual royalty-free license and exclusive rights to global sales for these products. In addition, the two parties will pool their respective proprietary technologies to develop improved product formulations.
GET said that, in addition to being non-hazardous and biodegradable, its G-Oil products possess important performance characteristics that make them as good as or better than petroleum-based oils.
The G-Oil product line, made with US-grown base oils using nanotechnology, includes features such as non-smoke and is reportedly virtually odorless for air-cooled engines with a smoke temperature that is higher than crude oil-based motor oils.
Jeff Marshall, president and CEO of GET, said: Our relationship with Bio-Tec represents a key component in our product delivery strategy by ensuring a sufficient manufacturing capacity to meet current and anticipated future demand for our G-Oil performance product line.
