The mobile Sulf-IX pilot plant, which is a joint venture between Bioteq and Newalta, will provide on-site field testing for sulfate removal from industrial waste water.
Currently, the pilot plant that was commissioned in Q1 2013, is testing water streams at a prospective customer site in the US.
Newalta will take over the complete ownership of the mobile Sulf-IX pilot plant, after the ongoing testing is completed in the Q2 2013.
As per the agreed terms, Newalta will provide operating services for pilot plant campaigns while Bioteq will provide on-site process and technical oversight and expertise during testing.
Commenting on the transaction, Bioteq CEO Jonathan Wilkinson said that the joint venture partners have determined that the sale of the pilot plant to Newalta.
"We are pleased with this next step in the evolution of our relationship with Newalta and look forward to accelerating commercial progress between the Parties going forward," added Wilkinson.
Over the coming years, Newalta is planning to install the unit to analyze opportunities to apply Bioteq’s Sulf-IX technology at both existing and new customer sites in North America.
