{"id":382097,"date":"2020-11-16T13:39:25","date_gmt":"2020-11-16T18:39:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=382097"},"modified":"2020-11-16T13:39:25","modified_gmt":"2020-11-16T18:39:25","slug":"biorem-announces-several-orders-totalling-10-8-million-and-order-backlog-of-35-6-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/biorem-announces-several-orders-totalling-10-8-million-and-order-backlog-of-35-6-million\/","title":{"rendered":"BIOREM Announces Several Orders Totalling $10.8 Million and Order Backlog of $35.6 Million"},"content":{"rendered":"
\n

Canada NewsWire<\/p>\n<\/p><\/div>\n

\n

\n GUELPH, ON<\/span>, Nov. 16, 2020<\/span> \/CNW\/ –\u00a0BIOREM Inc. (TSXV: BRM) (“Biorem” or “the Company”) today announced a number of new orders totalling $10.8 million<\/span>.\u00a0The orders are for air emission abatement projects in China<\/span> and North America<\/span>.<\/p>\n

“Our focus for business development in 2020 has been primarily centered on servicing our existing clients during the global pandemic” said Derek S. Webb<\/span>, President and Chief Executive Officer.\u00a0 “The ability of our sales organization to travel freely has been greatly restricted and we have subsequently employed a variety of innovative strategies to be able to maximize contact with our existing network of clients and representatives.\u00a0These initiatives have helped to secure a number of exciting new projects for delivery in 2021.\u00a0Two contracts totalling $2.4 million<\/span> for the City of Miami<\/span> expand our portfolio of full design-delivery projects; while another $2.5 million<\/span> project for the City of Montreal<\/span> and another $2.3 million<\/span> project for Loudoun County<\/span> in Virginia<\/span> are both for high profile projects requiring our specific brand of reliability and performance.\u00a0Sales have continued in the People’s Republic of China<\/span>, where two new orders totalling $2.2 million<\/span> have been secured which include our seventh system being shipped to one of the world’s largest petrochemical companies, Sinopec.”<\/p>\n

“We are collaborating closely with our strategic partners and local regulators to capitalize upon market opportunities and plan to continue to invest additional resources to ensure we retain and maximize our market share in existing market segments.\u00a0With these latest orders, the Company’s order backlog stands firm at approximately $35.6 million<\/span>, providing great revenue visibility for the next twelve to eighteen months.”<\/p>\n

\n About BIOREM Inc.
<\/b>BIOREM is a leading clean technology company that designs, manufactures and distributes a comprehensive line of high-efficiency air emissions control systems used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). With sales and manufacturing offices across the continent, a dedicated research facility, a worldwide sales representative network and more than 1500 installed systems worldwide, BIOREM offers state-of-the-art technology-based products and peace of mind for municipalities, industrial companies and their surrounding communities. Additional information on Biorem is available on our website at www.biorem.biz.<\/p>\n

SOURCE Biorem Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Canada NewsWire GUELPH, ON, Nov. 16, 2020 \/CNW\/ –\u00a0BIOREM Inc. (TSXV: BRM) (“Biorem” or “the Company”) today announced a number of new orders totalling $10.8 million.\u00a0The orders are for air emission abatement projects in China and North America. “Our focus for business development in 2020 has been primarily centered on servicing our existing clients during the global pandemic” said Derek S. Webb, President and Chief Executive Officer.\u00a0 “The ability of our sales organization to travel freely has been greatly restricted and we have subsequently employed a variety of innovative strategies to be able to maximize contact with our existing network of clients and representatives.\u00a0These initiatives have helped to secure a number of exciting new projects for delivery in 2021.\u00a0Two contracts … <\/p>\n

Continue reading “BIOREM Announces Several Orders Totalling $10.8 Million and Order Backlog of $35.6 Million”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-382097","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBIOREM Announces Several Orders Totalling $10.8 Million and Order Backlog of $35.6 Million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/biorem-announces-several-orders-totalling-10-8-million-and-order-backlog-of-35-6-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIOREM Announces Several Orders Totalling $10.8 Million and Order Backlog of $35.6 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire GUELPH, ON, Nov. 16, 2020 \/CNW\/ –\u00a0BIOREM Inc. 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