Remediation of Approximately 1,000 Tons of Soil for Site of Large Battery Plant Utilizing the Company's Licensed MBS Technology
NEW YORK - Adama Technolgies Corporation - (OTC BB:ADAC) a clean tech company specifically dedicated to brownfield remediation with patented and proven technology, today announced that in conjunction with the Israeli Environmental Office, the Company will conduct a major pilot program involving utilizing its licensed MBS technology to remediate approximately 1,000 tons of soil (brownfield) which was the site of a battery plant. The site is considered to be one of the most contaminated sites in Israel. This project may Adama a key player in Israel brownfield remediation market that is estimated as high as $3B.
The commencement of this program represents a significant milestone for Adama as it seeks to garner exposure for its licensed and patented MBS technology, licensed from Solucorp Industries, New York, in managing brownfield remediation with heavy metal waste. The technology has proven successful in a number of projects in the United States. This project would represent its success abroad availing the Company of great opportunities that exist in Europe, the Middle East and Asia.
'Working in tandem with the Israeli Environmental Office is certainly an endorsement of the potential of our technology,' stated Aviram Malik, CEO. 'We are most confident that the results of this pilot program will mimic those obtained in prior projects which all garnered successful results in a time-effective and cost-effective manner, while providing the most environmentally friendly outcomes,' Malik concluded.