Firms Reach Distribution Agreement for Medical Waste Technology
Synergy Medwaste LLC and Waste to Energy Canada Inc. (WTEC) have reached a distribution agreement for technology to process medical waste in the United States.
Dallas-based Synergy is offering U.S. medical facilities an end-of-life regulated medical waste solution, according to a news release. The distribution agreement calls for the sales, marketing and project development of medical waste processing facilities in the United States using Vancouver-based WTEC's proprietary BOS technology. Synergy has agreed to buy minimum volumes of WTEC's equipment over a 10-year period.
Fitzroy-Greenenz Consortium will underwrite the supply of equipment and systems to Synergy.
The agreements are in response to the review by the U.S. Environmental Protection Agency (EPA), changes in the U.S. legislation governing the closure of medical waste incinerators and the need for safer alternatives for thermal processing of hazardous waste and regulated medical waste in the U.S., the firms said.
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