Geneva-based water technologies company, BLUE Industries Inc., recently announced that it had signed a joint venture agreement with the MLTO water treatment company, covering the Middle East and North Africa markets.
Under the exclusive license agreement, MLTO will manufacture and distribute water treatment products for the BLUE Industries line, as well as adapt the products to the new markets’ specifications, confirmed a press release. BLUE Industries has reportedly already placed orders with MLTO for 35 potabilization units and four clarification units.
MLTO will distributes BLUE Industries’ products throughout the Saudi kingdom, Yemen, Oman, Qatar, Bahrain, Iraq, Syria, Lebanon, Jordan, Sudan, Egypt, Libya, Morocco, Tunisia, Algeria and the United Arab Emirates (UAE). The MLTO company, founded by Mohammed Al-Yamani, is also involved in real estate development in Lebanon, Tunisia and Egypt.
Blue Industries is an industrial group specialized in small and medium units of water treatment, including potable water production, farming industry and wastewater treatment. The company had developed a range of products used for clarification of waters infected by industrial pollution and of raw waters, as well as a range of machines using the CARTIS potabilization process. All these treatments are managed and maintained through an electronic intelligence system developed by the Company. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
