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BioteQ To Pursue Water Treatment Projects in China

Published: 04:45 29 Oct 2009 AEDT

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BioteQ Environmental Technologies Inc (TSX: BQE) announced it has entered into an agreement with Guangdong Hehai Engineering Consulting Company, to jointly pursue water treatment projects in the Chinese power generation industry.


BioteQ is a Canadian based water treatment company that applies innovative technologies and operating expertise to solve challenging water treatment problems. BioteQ is expanding the use of its water treatment technologies to include applications in the power generation sector, targeting the treatment of dissolved solids that otherwise limit water re-use in process streams.


Guangdong Hehai Engineering Consulting Company is a mid-sized professional engineering firm based in Guangzhou City. The company specializes in engineering for water resources, hydro power, utilities and power projects in China. The company's customers include private companies and government agencies involved in water management and coal-fired power plants.


Under the terms of the agreement, the two companies have agreed to target several large, state-owned power producers. The companies will work together to assess at least five potential projects within the next twelve months, with the goal of securing a definitive commercial agreement for a project within that time.


BioteQ currently maintains one joint venture in China with Jiangxi Copper Corporation, China's largest mining company.


The company has extensive industry contacts, and has agreed to provide technical marketing, including allocating three of its full-time engineers, to work on project assessments that could apply BioteQ's water treatment technologies in the power generation sector in China.


BioteQ will provide technical evaluation, process design, and project costing for the assessments, and would be the technology supplier and operator for any projects secured under the agreement.

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