Phoslock Environmental Technologies Limited announced that it has entered into an agreement with Water Warriors Inc. to distribute a patented product that has been proven to be effective in the removal of phosphorus from freshwater sources including stormwater, agricultural runoff and municipal waste water. As a solution to addressing flowable water remediation issues, the product is highly complementary to PET's own patented technology and addresses one of the Company's key strategic objectives of broadening its technology and service offerings into additional market segments. The distribution rights granted to PET are exclusive and cover global markets including Europe, USA, Canada, South America, China, Australia and New Zealand for an initial period of two years and an option to extend, subject to PET meeting certain performance criteria.
Phoslock Environmental Technologies Limited
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- Phoslock Environmental Technologies Limited Enters into an Agreement with Water Warriors Inc. to Distribute a Patented Product