BIOREM order backlog exceeds $50M

GUELPH — BIOREM announced $10.6 million of new orders for air emission abatement projects in North America. These orders bring the company’s current order backlog to a record $50.4 million, its highest point since the company was founded in 1990.

“These recent orders are a demonstration that our growth initiatives are gaining traction,” said Derek S. Webb, President and Chief Executive Officer. “We are expanding our range of service offerings and technological solutions. These two most recent orders incorporate newer technologies and a full range of ancillary components to allow our customers to centralize their response to their air emissions challenges.”

The new products at the heart of these orders were introduced to a selected trial market segment. This initial customer response bodes well for markets outside the test area, and the company’s sales network will begin marketing them to other domestic and global customers in the coming months, Webb said.

“We have broken another two company records with these orders,” added Webb. “One of the orders was secured at $9.5 million, making it BIOREM’s largest single order to date and continues a trend that is seeing our projects increase in both scope and size. The second order, at $1.1 million, is for a dual-stage chemical scrubbing system which incorporates some of the latest developments in the industry. Both projects are for municipal wastewater treatment facilities in North America and are expected to deliver over the next six to twelve months. This brings Biorem’s order backlog to a record $50.4 million.”