DGAP-News: Swisstech Holding AG: OTI Greentech AG signs distribution agreement with Brenntag GmbH

DGAP-News: Swisstech Holding AG: OTI Greentech AG signs distribution agreement with Brenntag GmbH

ID: 118575

(firmenpresse) - DGAP-News: Swisstech Holding AG / Key word(s): Contract
Swisstech Holding AG: OTI Greentech AG signs distribution agreement
with Brenntag GmbH

27.02.2012 / 09:00

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OTI Greentech AG has entered into a distribution agreement with Brenntag
GmbH, the German subsidiary of chemical distribution global market leader
Brenntag AG. Brenntag GmbH is to sell OTI Greentech's innovative products
for cleaning oil impurities in Germany. The move enables OTI Greentech to
enter a further key market.

Zug (Switzerland), 27. February 2012 - The core points of the distribution
agreement between OTI Greentech AG and Brenntag GmbH relate to the terms
and conditions of the production and sale of all OTI Greentech's liquid
ECOSOLUT products. The extension of sales activities to other countries is
under construction.

OTI Greentech has a patented portfolio of eco-friendly and highly efficient
purification and separation products for removing oil contamination. These
so called 'green chemicals' can be used for the removal as well as the
recovery of oil residues.

Brenntag GmbH has been blending and formulating OTI Greentech AG's liquid
products on the company's behalf since 2007; the inclusion of the new,
innovative OTI products in Brenntag's extensive distribution network marks
a new form of partnership for the companies.

Sales partners across the globe
'We are very pleased indeed to have entered into this distribution contract
with Brenntag GmbH. It not only enables us to expand our long-term business
relationship with Brenntag, but has also given us an experienced,
dependable partner which will commit its professional expertise to the sale
of our innovative products in Germany', comments Stephan Rind, Executive
Chairman of the Board of Directors at OTI Greentech AG.





The sales activities conducted by Brenntag GmbH in Germany will focus on
the refinery sector, the shipping industry, tank cleaning services, power
plant operators and industrial cleaning companies. The recent recognition
and certification as a Cleantech Driver in the waste management segment
awarded to OTI Greentech by the German Clean Tech Institute (DCTI) promises
to boost the company's marketing success.

The distribution agreement for Germany is the latest in a series of similar
agreements OTI Greentech has entered into in recent months; 2011 saw the
young clean tech company from the Swiss town of Zug contractually securing
distribution of its products by first class partners in the US, the Middle
East and south-eastern Europe.


About OTI Greentech
OTI Greentech, based in Switzerland, is an international leader in the
field of cleantech engineering, providing sustainable solutions for the
cleaning, recovery and disposal of oil in a wide range of applications.
These include the cleaning of tanks, ships and industrial machinery, sludge
treatment, land remediation and the processing and recovery of oil from
conventional and unconventional depots. Its patented technology was
recently awarded 'Cleantech Driver' status in waste management by the
German Clean Tech Institute (DCTI) in recognition of the groundbreaking
innovation it represents.

About Brenntag in Germany
Brenntag GmbH, the German subsidiary of Brenntag Group, operates 16
locations at which it provides customers with a wide-ranging product
portfolio and comprehensive value-added solutions around chemical
distribution, including filling, decanting and storage, mixing, and
technical support and services in various fields including water treatment
and speciality chemicals.

About Brenntag AG
Brenntag is the global market leader in chemical distribution. Linking
chemical manufacturers and chemical users in industry, Brenntag is active
across the globe, providing distribution solutions for industry and
speciality chemicals. With over 10,000 different products and a world-class
supplier base, Brenntag offers one-stop solutions to more than 160,000
customers. These include value-added services such as just-in-time
delivery, product mixing, formulation, repackaging, inventory management,
drum return handling and comprehensive technical support. Headquartered in
Mülheim an der Ruhr, Germany, Brenntag operates a global network comprising
over 400 distribution centres in almost 70 countries. In 2010, the company
employed over 12,000 people and realised global sales of EUR 7.6 billion
(USD 10.1 billion).


Press contacts:

OTI GREENTECH AG
Myriam Ruttmann
Marketing&Communication
Seestrasse 5
6300 Zug
Switzerland
Tel: +41 41 727 21 05
Fax: +41 41 727 2109
Email: m.ruttmann(at)oti.ag


Brenntag AG
Hubertus Spethmann
Corporate Communications
Stinnes-Platz 1
45472 Mülheim an der Ruhr
Germany
Tel: +49 (208) 7828-7701
Fax: +49 (208) 7828-7220
Email: hubertus.spethmann(at)brenntag.de


edicto GmbH
Axel Mühlhaus
Eschersheimer Landstr. 42
60322 Frankfurt a.M.
Germany
Tel. +49 (69) 905505-52
Fax +49 (69) 905505-77
Email: axel.muehlhaus(at)edicto.de


End of Corporate News

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27.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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158046 27.02.2012


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Datum: 27.02.2012 - 09:00 Uhr
Sprache: Deutsch
News-ID 118575
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