Tri-Tech signs forward osmosis distribution, licence agreement with HTI
- Publisher
- Elsevier Science
- Year
- 2010
- Tongue
- English
- Weight
- 96 KB
- Volume
- 2010
- Category
- Article
- ISSN
- 1365-6937
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✦ Synopsis
Met-Pro acquires Bio-Reaction Industries
M et-Pro Corp has bought almost all of the assets, including the patents and technology of Bio-Reaction Industries LLC (BRI), a Tualatin, Oregon, USAbased company that designs and manufactures biological air pollution control systems that use microbes to digest industrial and municipal pollutants and eliminate odours.
Raymond De Hont, Met-Pro chairman and CEO, said that the acquisition of BRI significantly enhances Met-Pro's competitive position in both the municipal and industrial global markets by providing not only state-of-the-art biological technologies, but also a broad global reference base of customers. "BRI's patented biological technology, which is a perfect complement to our Met-Pro Environmental Air Solutions' thermal oxidizer and chemical scrubber technologies, strengthens our "Total Air Solutions" value proposition, allowing us to better address the increasingly more stringent environmental regulations and the global focus on greenhouse gas reduction," said De Hont. "We believe our extensive relationships within the municipal market will enable us to quickly grow BRI's municipal market share, while BRI's relationships within a diverse base of industrial markets provides opportunities to introduce Met-Pro's broad range of solutions to new markets."
The Bio-Reaction technology will sit within Met-Pro's Environmental Air Solutions business, which already includes Duall, Flex-Kleen and Met-Pro Systems.
BRI operates in the emerging, energy efficient biofiltration industry with strategic partners in Europe and Asia.