KeyEco Tech Inc. Announces Marketing Services Agreement With AWWT
AWWT will contact and solicit companies involved in governmental municipal water treatment projects and large-scale private water treatment projects.
Green Processing Technologies Inc. announced today that its majority-owned subsidiary, KeyEco Tech Inc., has entered into a Marketing Services Agreement with Advanced Waste & Water Technology Inc. (AWWT), a company that specializes in chemical and liquid waste removal, waste and water treatment and disposal services.
The agreement outlines that AWWT will provide marketing services to commercialize and increase the awareness and use of KeyEco Tech's water remediation technologies. KeyEco Tech is focused on establishing itself and Green Processing Technologies as a word leader in the remediation of contaminated tailings ponds, or areas of refused mining tailings where water borne refuse material is pumped into a pond to allow the separation of solid particles from the water.
Marketing services as listed in the agreement will include—but are not limited to—the contact and solicitation of companies involved in fracking on the Marcellus Shale, governmental municipal water treatment projects and large-scale private water treatment projects. Additionally, KeyEco Tech has agreed to license its water remediation technologies to AWWT for specific projects.
"We are very excited to enter into this agreement with AWWT, which I believe will achieve great success commercializing KeyEco Tech's water remediation technologies and solutions in a diverse array of markets. Our tailings processing systems provide the world with an environmentally safe and economically efficient alternative to remediate contaminated toxic mining tailings as well as inland or ocean oil spills globally," said Stephen D. Cummins, CEO of Green Processing Technologies Inc.
"The safe disposal and clean up of mine waste—including tailings—is generally recognized as the single largest environmental challenge facing the mining industry worldwide and a major expense for mining companies, which makes the revenue opportunity very large for both KeyEco Tech and Green Processing Technologies," Cummins said.
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