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New asbestos-destroying technology to be implemented
Kent, WA - U.S. waste management technology developer ARI Technologies has signed an exclusive licensing rights agreement with Pectel Group for one of its newly developed, patented technologies.
ARI granted Pectel, a leading asbestos removal company in the UK and Ireland, rights to its technology which converts asbestos-containing products into a non-toxic, recyclable material through a ground-breaking process. ARI claims its revolutionary technology, which uses chemical and thermal processes, is able to save companies more than half the money they spend on other methods of safely disposing the waste.
Historically, asbestos waste has been dumped in approved landfills because the costs of asbestos-destroying technologies have been unreasonably expensive. Since dumping the waste doesn't fully solve the problem of asbestos exposure, ARI hoped to solve the cost issue when it planned to develop the technology.
The company spent several years perfecting its thermochemical conversion technology and is currently seeing success marketing it on a global scale. President Dale Timmons said the agreement with Pectel is a big step in introducing itss technology to the European market, and he expects more waste management companies to consider licensing the technology once they learn of its capabilities.
Pectel Group announced that the agreement is a great milestone the company because they are able to make a tremendous impact for future generations by purging society of the deadly substance.
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