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bioteq environmental tech in (BQE) Snapshot

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bioteq environmental tech in (BQE) Details

BioteQ Environmental Technologies Inc. operates as a water treatment company worldwide. It offers water treatment solutions for groundwater and surface water drainage, acid mine drainage, metallurgical process streams, lime plant effluent, tailings water, and sulphidization-acidification-recycle-thickening process for gold operations in mining industries; cooling tower water, FGD blowdown, and ash pond water in power industries; and SAGD produced water and shale gas frac water in oil and gas industries. The company develops and commercializes water treatment technologies to recover metals, such as aluminum, copper, cobalt, iron, molybdenum, nickel, rhenium, vanadium, and zinc; remove and recover metal contaminants, including antimony, arsenic, barium, cadmium, lead, manganese, mercury, selenium, and strontium; and remove sulphate and total dissolved solids, and silica from water impacted by resource, energy, and industrial activities. Its technologies produce treated water for re-use or discharge to the environment; reduce or eliminate residual waste; and recover saleable by-products from wastewater. The company’s metal recovery and removal technologies include BioSulphide and ChemSulphide technologies, which utilize biological and chemical sources of sulphide to precipitate dissolved metals from wastewater; and Met-IX technology that treats wastewater. It also offers sulphate removal technologies, such as Sulf-IX and Sulf-IXC, which remove sulphate and hardness from wastewater; and selenium removal technology, including Selen-IX that removes selenium from water streams. It primarily serves resource companies, utility operators, and regulators. The company has strategic alliance with Newalta Corporation and EcoMetales Ltd. BioteQ Environmental Technologies Inc. is headquartered in Vancouver, Canada.

36 Employees
Last Reported Date: 03/31/14

bioteq environmental tech in (BQE) Top Compensated Officers

Interim Chief Executive Officer, President an...
Total Annual Compensation: C$230.1K
Chief Financial Officer, Vice President and C...
Total Annual Compensation: C$170.6K
Director of Engineering
Total Annual Compensation: C$152.1K
Compensation as of Fiscal Year 2013.

bioteq environmental tech in (BQE) Key Developments

BioteQ Environmental Technologies Inc Secures Contract for Selenium Removal Piloting

BioteQ Environmental Technologies Inc. has secured a contract with a Canadian company to conduct pilot scale testing of its Selen-IX technology for selenium removal. Under the terms of the agreement, BioteQ will once again deploy its mobile pilot plant that was built in 2013 for the first demonstration campaign with another major mining company. The pilot testing will demonstrate the capacity of the Selen-IX process to meet stringent discharge limits for selenium and provide engineering design data required for evaluating the overall capital and operating costs of a full scale plant that would treat up to 43,000 m3/day of wastewater. The current value of the contract is CAD 890,000 and work is already under way to allow the pilot plant to begin operating in August and complete the pilot campaign by the end of October 2014.

BioteQ Environmental Technologies Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2014

BioteQ Environmental Technologies Inc. reported consolidated earnings results for the first quarter ended March 31, 2014. The company reported revenues for the quarter as reported under GAAP were $154,000 compared $796,000 in 2013, a decline of 80% compared to the prior year. Adjusted loss before interest, tax, depreciation and amortization was $2 million compared to $755,000 in first quarter of 2013. Net loss was $2.1 million compared to $1 million a year ago.

BioteQ Environmental Technologies, Inc. Approves Election of David Kratochvil as Director

BioteQ Environmental Technologies Inc. at its annual general meeting of shareholders held on May 13, 2014, approved election of David Kratochvil as director of the company.

 

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