Government Assistance: Biorem Receives Treatment Technology Grant
September 14, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) – Biorem, Inc. (TSX Venture: BRM), a firm that designs and supplies high-efficiency biological-based air emissions control systems, said it has been awarded $1.2 million from the Innovation Demonstration Fund of the Ontario Ministry of Research and Innovation in Canada to support the development of its VOC (volatile organic compound) treatment technology.
The company also said it is installing a prototype VOC treatment system at Polycon Industries (a Magna International division) in Guelph, Ontario. The 5,000 cfm system is scheduled to be operational by fall 2010 and is designed for 95% VOC removal efficiency using biological process developed by Biorem.
The funding is also aimed at further developing high performance biological systems for low concentration VOC streams, which are present in composting and sewage treatment plants.
Volatile organic compounds are emitted from virtually every manufacturing process. These compounds are contributors to poor air quality in urban areas and contribute to human health issues, such as asthma and certain cancers.
Treatment of VOC emissions has traditionally been through the use of thermal oxidation, a process that uses fossil fuels to remove VOCs by incineration, resulting in significant greenhouse gas emissions and high operating costs.
Canada-based Biorem designs, manufactures and distributes a line of biological-based air emissions control systems. These systems are used to eliminate odors, volatile organic compounds and hazardous air pollutants, and for the conditioning of biogas renewable energy.
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