Greentech News
For
Immediate Release
Helsinki,
6th March 2018
GreenTech EKOGRID Firm
Enters Chinese Remediation Markets
Greentech remediation specialists Eko Harden TechnologiesOy
today announces that it has entered into a marketing co-operation agreement with
CNCEC
Environmental Protection Co. Ltd (www.china-cepc.com),
a subsidiary of the large Chinese state owned enterprise, China National
Chemical Engineering Corporation Co. Ltd. (www.cncec.cn). The agreement enables Eko Harden’s proprietary EKOGRID
technology to be used in China’s extensive soil and ground water remediation
projects.
“This groundbreaking agreement with
the CNCEC Environmental Protection Company opens up the Chinese market for our EKOGRID
electro kinetic oxidation method to be used in a vast number of remediation
projects,” says Erkki Lindberg, Chairman and CTO of Eko
Harden Technologies Oy. “We’re delighted to bring our pioneering EKOGRID
solution to China and to proving its effectiveness in large-scale projects in
North-East Asia in the near future.”
“The EKOGRID technology represents a fantastic
opportunity to dramatically increase the effectiveness, sustainability and
energy efficiency in Chinese remediation projects. In search of CleanTech
partners for CNCEC, EkoHarden Technologies stood out as highly attractive with
its unique and environmentally friendly solutions,” says Yngve Kristiansen,
Founding Partner and Head of Industrial Partnerships in
Fidem Capital Partners (www.fidemcp.com)
Some facts about the Chinese
Remediation Market
China
aims to curb worsening soil pollution by 2020 and stabilize and improve soil
quality by 2030. Last year,
the environment minister said 16 percent of China’s soil exceeded state
pollution limits. Treatment costs for heavy metal or chemical contamination are
high and China has struggled to attract private funds for soil remediation.
According to Reuters, the cost of making all of
China’s contaminated land fit for crops or livestock would be around 5 trillion
yuan ($760 billion), based on average industry estimates of the cost of
treating one hectare. Analysts have estimated the soil remediation market could
be worth as much as 1 trillion yuan ($152 billion).
Much of the polluted
land is located in developed regions of eastern and central China, such as the Yangtze
River Delta, Pearl River Delta, industrial areas of northeastern China and the
central province Hunan.
As part of the policy
guidelines to facilitate environmental protection, the Chinese government has put emphasis on
using in-situ remediation methods as opposed to ex-situ “dig and dump” methods
which serve only to move contaminated land from one spot to another.
About Eko Harden Technologies
Eko Harden and its groundbreaking technology
is fast becoming the partner-of-choice of government agencies, municipalities,
land developers and energy companies alike to eliminate environmental
disasters. EKOGRID electro kinetic oxidation technology produces a controlled
low voltage electric field in a polluted area to amplify the remediation power
of nature. The patented technology has proven to be an ecological, sustainable
and cost-efficient way for remediating the environment already in ten countries
across five continents.
Eko Harden Technologies aims to become one of the world’s leading providers of greentech and cleantech technology and service providers for use by governments, United Nations agencies, local municipalities, industrials and energy companies. Its patented EKOGRID technology supports the growth of global wealth and health in a sustainable manner by removing chemical pollutants in both land and water “in situ” by advanced oxidation and enhanced bioremediation. Visit https://ekogrid.fi/
Ends
For further
information, executive interviews and images, please contact:
Hugh Paterson, CEO, Whoosh PR
Direct
Landline +33
(0)986 077819, Mobile +44 (0)77681 75452
Email: hugh.paterson@whooshpr.com