Virotec International Ld
03 June 2004
VIROTEC SECURES WASTEWATER CONTRACT IN UK
Virotec International Ltd (ASX/AIM: VTI) is pleased to announce that its wholly
owned subsidiary, Virotec EPT has entered into a five year retainer agreement
commencing 1 June 2004 with Rhodia Parma Solutions, for the management and
monitoring of part of the Rhodia waste treatment plant at the Dudley
pharmaceutical facility located in north east England.
The minimum base remuneration is GBP £600,000 (approx AUD $1,500,000) which is
to be paid in monthly installments with the provision for further negotiated
services to be provided as and when required. Mr Brian Sheeran, Virotec's
Chairman and CEO states 'This is the largest contract to date secured by Virotec
EPT and we are confident that they will continue to deliver further contracts in
Virotec acquired the EPT business in November 2003, to secure technical
knowledge related to the UK wastewater industry. The Rhodia contract is industry
recognition of this expertise.
Mr Sheeran adds, 'Going forward, Virotec EPT has firm leads that should
establish and value add BauxsolTM technology and BauxsolTM products within the
wastewater and sludge management markets throughout the UK and Europe.'
For further information please contact Virotec on telephone +617 5530 8014, or
visit at our website at www.virotec.com.
VIROTEC INTERNATIONAL LTD
ABN 81 004 801 398
PO BOX 188
SANCTUARY COVE QLD 4212
This information is provided by RNS
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