BIOREM Selected To Run Pilot For City Of Toronto Odour Control System.GUELPH, Ontario Guelph (IPA: gwɛlf) (population 114,943[1]) is a city located in the Southwestern region of Ontario, Canada. -- BIOREM Technologies Inc., the wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of BIOREM Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:BRM BRM biologic response modifier. BRM Biological response modifier, see there ), announces that it has received a purchase order from the City of Toronto to undertake a one year pilot odor control study at Ashbridges Bay, Canada's Largest Wastewater treatment plant Wastewater treatment plant also called wastewater treatment works
The study, project managed by Earth Tech Consultants, is part of a $15 million contract that they were awarded earlier this year. When completed, the proposed full-scale odour control system will be the largest of it's kind at a municipal works in North America, treating an estimated 770,000 cubic metres (450,000 cubic feet per minute Cubic feet per minute (CFM) is a non-SI unit of measurement of gasflow (most often airflow) that indicates how many cubic feet of gas (most often air) pass by a stationary point in one minute. ). The project is part of a $130 million capital improvements program. "Depending on the scope of supply, this 2007 installation is estimated at somewhere between $8 to $10 million," said Brian Herner, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BIOREM. "It would set a new record in size of installation for a municipal biofilter and is consistent with the growth we are seeing in this market." BIOREM previously installed a $1 million biofilter system at this same plant in 2001 for successful control of odour emissions from a new sludge loadout facility. Other large installations completed by BIOREM include two 425,000 cu meters per hour (250,000 cubic feet per minute) systems at meat by-product rendering plants. BIOREM through its wholly owned subsidiary, BIOREM Technologies Inc., manufactures BIOSORBENS(TM) a high-efficiency permanent biofilter media and is a leading supplier of biofilters for air pollution control in municipal and industrial applications including the BASYS BASYS Balanced Automation Systems (TM) modular and BIOFILTAIR(TM) field erected systems. With over 400 installed systems and over a decade of experience, the Corporation's groundbreaking biofilters are the technology of choice for wastewater treatment plants and pumping stations across North America. www.biorem.biz. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this release. Forward-Looking Statements All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the future plans and objectives of Biorem Inc. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. BIOREM Inc. (TSX VENTURE:BRM) |
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