The repeat order in Shanghai affirms Biorem’s performance and competitive advantage and highlights an increasing acceptance of biological air pollution technologies by international corporations. The Tianjin project opens many other industrial opportunities for the company in future years.
“Our significant investment into building a presence in China is beginning to show positive results in orders as well as a rapidly growing pipeline of opportunities” says Peter Bruijns, president and chief executive officer. “We will continue to build relationships in China and are committed to seeing our international business grow in China as well as other key regions.”
Biological treatment of polluted air has made significant advances in the removal of VOC’s in recent years. Biorem now has systems installed in many industrial sectors including food & beverage, pharmaceutical, automotive, paint facilities, petrochemical and others. Biological air pollution systems are now replacing older non-green technologies such as chemical scrubbing, activated carbon and thermal oxidizers as advancements in product development have improved the cost competitiveness.
It is anticipated that the revenue from these projects will be entirely recognized for accounting purposes in the 2009 fiscal year.
