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VeruTEK Technologies of Connecticut (OTC: VTKT) today said it has completed another remediation of contaminated soils and groundwater using its natural chemistry products—this time for an unnamed Fortune 500 client at an unspecified location.
The company claims its environmentally friendly and safe remedial chemistry and approach, based on plant extracts and other surfactants, allows a complete or near-complete remediation of subsurface soils and groundwater.
Contaminants at the site included Dense Non Aqueous Phase Liquids (DNAPLs), trichloroethene (TCE), isomers of dichloroethene (DCE) and other chlorinated solvents, the company said, asserting that its products and processes treated and remedied the toxins in place.
The company claims its approaches are a high tech solution to problems that are generally dealt with using very low tech approaches, such as digging, hauling and containment.
"Low-tech approaches frequently leave much of the contamination in place, because of partial removal of wastes, inaccessibility of wastes to be removed or stabilized because of buildings, roads, railroads and residences," said John Collins, Ph.D., President and CEO of VeruTEK.
In contrast, VeruTEK says its clean technology can protect communities, reduce liability and reduce the costs of remediation.
The United States Environmental Protection Agency estimates there are 294,000 contaminated sites in the United States alone in need of remediation.
The company first launched its VeruSOL line of green chemistry products in 2007 (see VeruTEK introduces green remediation products).
VeruTEK was trading at $0.46 today, up 2.2 percent, but down dramatically from its high of $4 a year ago.
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