06-08-2012
Hydrodec Group & D.E.L.CO joint marketing agreement
Hydrodec Group plc, the cleantech industrial oil re-refining group, is pleased to announce that it has entered into a joint marketing agreement with D.E.L.CO in respect of the two companies' respective technologies for the treatment of polychlorinated biphenyl ("PCB") contaminated hardware and oil.
D.E.L.CO has developed and owns technologies for the PCB decontamination of hardware which it has provided to numerous waste companies across the world.
Hydrodec's technology is a proven highly efficient oil re-refining process which takes spent oil, including PCB contaminated transformer oil, as the primary feedstock and processes this for reuse while eliminating PCBs, a toxic additive now banned under international regulations, without environmentally harmful emissions.
Hydrodec and D.E.L.CO are currently exploring a number of initial opportunities to co-market their technologies, products and services in developing countries where there may be options to licence or sell the technologies.
Ian Smale, Chief Executive of Hydrodec, said "Meeting UN targets for the elimination of PCBs requires solutions for the electrical hardware and the associated oil. This combination of technologies creates an efficient and environmentally friendly one-stop offer in developing countries."
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