BioteQ Environmental Technologies Inc.
TSX : BQE

BioteQ Environmental Technologies Inc.

November 08, 2013 18:10 ET

BioteQ Wins HSBC Leadership in International Trade: Asia-Pacific Award

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 8, 2013) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in industrial wastewater treatment, has won the HSBC Leadership in International Trade --Asia-Pacific Award which was presented at a gala celebration held at The Carlu in Toronto on the evening of Thursday, November 7, 2013. The HSBC International Business Awards program honours Canadian companies that have successfully branched out beyond our borders.

"A key driver for upcoming economic growth in Canada will come from rising exports, and Asia-Pacific figures prominently in the regions to grow in importance," said Linda Seymour, Executive Vice President, Head of Commercial Banking and Regional President, Central and Eastern Canada, HSBC Bank Canada. "Through proper treatment of wastewater for re-use or safe discharge to the environment, BioteQ Environmental Technologies demonstrates their commitment to sustainability and to the places we live and work."

Jonathan Wilkinson, BioteQ's CEO credits its strong joint venture partner in China and its proprietary process technologies for the company's ability to become a successful Cleantech exporter to the Asian market. "We thank Jiangxi Copper Company for being a wonderful business partner who share our desire to implement forward-thinking environmental practices. Jiangxi is the largest copper producer in China and since 2006, we have been working to improve water treatment practices at their mine sites. The first joint metals removal plant came online in 2008 and we have three additional projects that will be operational by the first half of 2014. This partnership has been successful financially and has provided significant and measurable positive impacts for the local environment. We are proud of our ability to succeed abroad and believe our ability to provide process technology solutions that create both economic and environmental benefits makes us quite distinctive in the mining space."

Applicants for the HSBC International Business Awards program must be majority Canadian owned; headquartered in Canada; generate at least 10 per cent of revenues from outside Canada; and achieved a minimum of C$5 million in sales for the last two fiscal years. Entries were reviewed for technical and business merit by an independent panel of international business experts from Canadian Business, Canadian Manufacturers and Exporters, Export Development Canada, the Economist Intelligence Unit, the Desautels Faculty of Management at McGill University and the Sauder School for Business at the University of British Columbia. Other winners of the 2013 HSBC International Business Awards included: OPAL-RT Technologies, Canfor Corporation, Energold Drilling Corp and Bassett & Walker International, Inc.

About the HSBC International Business Awards

The HSBC International Business Awards is an important awards program that honours Canadian firms that have successfully brought their products and services to the world. The Awards are bestowed in the following categories: International Business of the Year, Small and Medium Enterprise; International Business of the Year, Large Enterprise; Leadership in International Trade in Asia-Pacific; and Leadership in International Trade in Latin America.

About HSBC Bank Canada

HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in Canada. With around 6,600 offices in over 80 countries and territories and assets of US$2,723bn at 30 September 2013, the HSBC Group is one of the world's largest banking and financial services organizations.

BioteQ Corporate Profile

BioteQ is an innovative clean technology leader in global industrial water treatment, serving the mining and energy markets. The company has technology expertise and proven operational capabilities in sulphide precipitation, ion exchange, alkali/lime precipitation, leaching, sulphate removal and SART technology. Over the past decade, BioteQ has designed and commissioned waste water treatment plants at mine sites for leading organizations including Xstrata, Freeport McMoran, Jiangxi Copper and the US EPA. These plants recover dissolved metals and/or remove substances such as sulphate and selenium, producing clean water and minimizing or eliminating residual waste. BioteQ is headquartered in Vancouver, Canada and trades on the TSX under the symbol BQE. Please visit our website at www.bioteq.ca for additional information.

Contact Information

  • BioteQ Environmental Technologies
    Suite 1000 - 1050 West Pender Street
    Vancouver BC Canada V6E 3S7

    BioteQ Environmental Technologies
    Jonathan Wilkinson
    CEO
    604.685.1243 or 1.800.537.3073
    jwilkinson@bioteq.ca

    BioteQ Environmental Technologies
    Paul Kim
    CFO
    604.685.1243 or 1.800.537.3073
    pkim@bioteq.ca
    www.bioteq.ca