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The latest announcement is out from Phoslock Environmental Technologies Limited ( (AU:PET) ).
Phoslock Environmental Technologies Limited has signed an exclusive distributor agreement with The Orion Companies to market and sell its water treatment products in the United States. This partnership is expected to enhance Phoslock’s presence in the U.S., leveraging Orion’s network and expertise in sustainability to address significant phosphorus pollution issues. The collaboration aims to capitalize on the growing demand for environmentally friendly solutions while expanding Phoslock’s market footprint.
More about Phoslock Environmental Technologies Limited
Phoslock Environmental Technologies Limited specializes in water treatment products aimed at remediating polluted lakes, rivers, canals, and drinking water reservoirs. Headquartered in Sydney with a presence in China, the company is known for its flagship product, Phoslock®, a lanthanum modified bentonite that binds excess phosphorus to improve water quality. The company operates globally with various distributors and agents.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.63M
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