Global Expansion Continues With US Deal

The Bristol Post
Michael Ribbeck
August 8 2012

A-Gas buys disposal specialist

A company based in Portishead which specializes in supplying gases used in refrigeration has just completed its fourth takeover this year.

A-Gas has gone on its acquisition spree as part of a strategy to expand into international markets.

The firm is already one of the world's largest suppliers of refrigerated gases, environmental services and specialty gases and chemicals.

The company, which also has offices in Bristol, has bough United States based RemTec International in its latest deal. The firm specializes in disposing of harmful gases.

The value of the deal was not made public but it took place with support from private equity specialist LDC, which invested in the firm in April 2011.

RemTec was set up in 1986 and provides products and services inolved in managing Ozone Depleting Substances (ODS) and substances high in Global Warming Potential (GWP) across the world. 

As part of the expansion plan A-Gas has now got a presence in the Middle East, China, Australia and India as well as Latin America.

RemTec has contracts with organizations all over the world to remove, recycle and remarket halocarbons.

The acquisition of RemTec follows on from similar acquisitions of Australian-based Technochem in March and SA Rural in May, and UK based A-Zone Technologies in April.

John Rutley, chairman of A-Gas International, said, "The acquisition of RemTec is another great example of our ambition to grow the business on a global scale."

"RemTec brings a market leadership position in Halons and a strong platform for growth in refrigerants; we believe that there is real scope to build further upon RemTec's success to date in North America, whilst also driving value across the enlarged group."

Ian Podmore of LDC added: "2012 has been an exceptionally busy year to date for A-Gas. RemTec is the fourth strategic acquisition completed by the business this year and not only strengthens their existing position in the global refrigerant market but also gives the business real scale within the USA."

"The transaction brings many strategic benefits to A-Gas and is part of an agreed strategy to rapidly expand and build the business both through organic investment and bolt-on acquisitions. We will continue to work closely with the team to drive their amitious growth plans."

Yann Souillard, managing director of LDC South Region, added: "LDC's South team has worked in close conjunction with the management team to support their ambitious 'buy and build' growth strategy. As part of our investment commitment, LDC works closely with our investment portfolio to provide expertise and follow-on funding when the right target companies become available."

West Gas Firm Expands With Buying Spree

Western Daily Press
9 August 2012

A company based in Portishead which specializes in supplying gases used in refrigeration has just completed its fourth takeover this year.

A-Gas has gone on its acquisition spree as part of a strategy to expand into international markets.

The firm is already one of the world's largest suppliers of refrigerated gases, environmental services and specialty gases and chemicals.

The company, which also has offices in Bristol, has bough United States based RemTec International in its latest deal. The firm specializes in disposing of harmful gases.

The value of the deal was not made public but it took place with support from private equity specialist LDC, which invested in the firm in April 2011.

RemTec was set up in 1986 and provides products and services inolved in managing Ozone Depleting Substances (ODS) and substances high in Global Warming Potential (GWP) across the world. 

As part of the expansion plan A-Gas has now got a presence in the Middle East, China, Australia and India as well as Latin America.

RemTec has contracts with organizations all over the world to remove, recycle and remarket halocarbons.

The acquisition of RemTec follows on from similar acquisitions of Australian-based Technochem in March and SA Rural in May, and UK based A-Zone Technologies in April.

John Rutley, chairman of A-Gas International, said, "The acquisition of RemTec is another great example of our ambition to grow the business on a global scale."

HVACR Reclaimer Spotlight

Phl to start ODS phaseout

By Michael Punongbayan (The Philippine Star)

MANILA, Philippines - The Philippine government will finally start to put an end to the use of harmful substances that deplete the earth’s ozone layer by 2013.

Environment and Natural Resources Secretary Ramon Paje announced the other day that a freeze order on the importation of hydrochlorofluorocarbons (HCFCs) more than a year from now.

He said the ban on ozone-depleting substances (ODS) is pursuant to the Montreal Protocol on Substances that Deplete the Ozone Layer, to which the Philippines is a signatory.

“Starting 2013, we are putting a cap on the importation of HCFC to 2,644 metric tons (MT) — the country’s average import of HCFC from 2009 to 2010,” Paje said.

From the base level of 2,644 MT, the HCFC import will be gradually reduced by 10 percent, to 2,3796 MT by 2015; 35 percent to 1,718.6 MT by 2020; then 67.5 percent, to 859.3 MT in 2025.

Paje said that from 2030 to 2039 the DENR would allow the import of the substance to only 66.1 MT annually, representing 2.5 percent of the base level, for the continued use of the servicing sector.

HCFCs are a group of ODS controlled by the Montreal Protocol and comprise the last of eight ODS groups to be phased out pursuant to the Protocol.

The other ODS that have already been phased out in the country include chlorofluorocarbons (CFCs) 11, 12, 113, 114, halon 1301 and 1211, carbon tetrachloride, and methyl chloroforms.

HCFC consumption in the Philippines is attributed to HCFC-22, more commonly known as R-22, HCFC-141b, HCFC-123 and blends of HCFC-225.
HCFCs are commonly used as substitutes for CFCs in the foam blowing, refrigeration, fire extinguishing, solvent and servicing sectors.
Of these HCFCs, Paje said the DENR will prioritize the phaseout of HCFC-141b because it has the most ozone-depleting potential (ODP) of 0.11 as compared with HCFC-22 or R-22 with an ODP of .055 only, HCFC-123 with 0.02 and HCFC blends, from .025 to .033.
He said phaseout would initially cover the foam sector, particularly the polyurethane rigid foam in appliances, panels and sprays.
A total of 364.34 MT of HCFCs is projected to be phased out under the project, which is being implemented by the DENR through the Environmental Management Bureau in collaboration with the United Nations Industrial Development Organization.
Paje said a total of $2.26 million was granted to fund the project from Japan and the Multilateral Fund.

RemTec International Extends a Five-Year Agreement with DoloMatrix as Exclusive Representative for Plasma Arc ODS Destruction Technology

RemTec International Extends a Five-Year Agreement with DoloMatrix as Exclusive Representative for Plasma Arc ODS Destruction Technology in North America - Producing High Quality Offset Credits for the Carbon Compliance Market

BOWLING GREEN, OH, USA – (Business Wire) – RemTec International, the largest privately-owned reclaimer of halons and refrigerants, announced today the extension of its five year agreement with DoloMatrix International, Ltd., to be the exclusive representative for SRL Plasma’s Plascon® equipment in North America, designed to destroy Ozone Depleting Substances (ODS). The DoloMatrix destruction technology along with RemTec’s patented recovery and reclaiming equipment, produces carbon offset credits that exceed the requirements of a newly released Climate Action Reserve (CAR) Ozone Depleting Substances Project Protocol. This protocol delivers permanent greenhouse gas (GHG) emission reductions for the carbon compliance market.

“The combination of our technologies and services provides the ultimate in transparency, tracking and accountability. In addition, Plasma Arc Destruction is environmentally superior to high temperature incineration.”

“We can provide superior carbon offset credits because the combined technologies of RemTec and DoloMatrix use Technology & Economic Assessment Panel (TEAP) testing methodology, specifically designed to measure the destruction of ODS. In addition, our detailed tracking and documentation system follows individual shipments from the source to final destruction. When combined with our online real-time computer monitoring, our system provides complete transparency to carbon offset providers, verifiers and outside regulatory agencies on a 24 hour basis.

“This represents the first phase in our efforts to establish regional facilities that offer cradle to grave management of halons and refrigerant gases that are high ozone depleters, or that are high in global warming potential. In addition to our existing processing plant in Bowling Green, Ohio future operations are also planned in the Middle East and Asia.”


Mr. Marcus concluded by saying, "Through the combination of our proprietary technologies, we are able to offer an enhanced ODS Destruction Protocol. This is very timely, especially considering certain recent Amendments to Senate Bill 1733, Clean Energy Jobs and American Power Act, that were introduced by Senators John Kerry (D-MA), Lindsey Graham (R-SC), and Joe Lieberman (I-CT). This Bill specifically recognizes offset credits for ODS destruction for both domestic and international projects.”


ABOUT REMTEC INTERNATIONAL

Established in 1986, RemTec International is a world leader in the recovery, reclamation and destruction of Halons and Refrigerants. RemTec’s Halocarbon Management Program uses patented technologies that avoid emissions that either destroy the ozone layer, or add to global warming potential. RemTec's unique approach facilitates safe disposal of unwanted Halons, CFCs, HCFCs, and HFCs on a worldwide basis. These hazardous substances are recovered, reclaimed, and in some cases destroyed in accordance with all domestic and international regulatory standards. For more information, please visit http://www.remtec.net/

RemTec International
1100 Haskins Road
Bowling Green, Ohio, 43402
USA

419-867-8990
419-867-3279 (Facsimile)800-372-1301 (Toll Free / North America)