📢 Announcement: MVW has signed a new Frame & Cooperation Agreement❗
MVW is excited to announce the signing of a 5-year Frame and Cooperation Agreement with VEBIRO GmbH and VEBIRO West GmbH.
📌 This builds on our technological breakthrough in August 2024:
“Our NORWAFLOC® now enables the complete substitution of synthetic polymers in dredging,” which:
♻️ Supports the valuable reuse of sludge from dredging in landscaping, and
🌏 Extends beyond dredging to large markets such as mining, and sand & gravel.
About the Frame Agreement with VEBIRO GmbH & VEBIRO West GmbH:
⌛ Duration: 5 years
💧 Scope: Supply of NORWAFLOC® and related services
💲 Estimated value: 50 MNOK to 125 MNOK
🌍 Markets: Shallow dredging sludge dewatering (Germany) and dewatering of mineral sludge from tunneling and sand and gravel washing (Scandinavia and Central America)
🌟 Exclusivity: Includes a 2-year exclusive implementation period
MVW and VEBIRO will jointly implement, promote, and market NORWAFLOC® as the first known natural and biodegradable product capable of replacing synthetic polymers.
The global market potential for dredging sludge dewatering is substantial and growing, and this agreement marks a significant commercial milestone and demonstrates the viability of our solutions in this market ✅
Read the press release on our website news feed.
#Dredging #Sustainability #WaterTreatment #Mining #Sand&Gravel #MVestWater #MVestWaterGMBH #VEBIRO #VEBIROWEST
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6moI have watched this project taking shape on a regular basis. Congratulations to everyone at O'Keefe