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AMCOL International Corporation Message Board

  • steve_382 steve_382 Feb 19, 2008 9:46 AM Flag

    Bri-Chem dist agreement

    Sounds like this has more impact to Bri-Chem than ACO, but here is the article anyway.

    Bri-Chem Corp. enters into exclusive distribution agreement
    TSX Venture Exchange Symbol "BRY"

    EDMONTON, Feb. 19 /CNW/ - Bri-Chem Corp. (the "Company") (TSX Venture
    Exchange: BRY), a fluid supply specialist and industry leader in the wholesale
    distribution of drilling fluid chemicals and additives to the resource
    industry in North America, has entered into an exclusive distribution
    agreement with Colloid Environmental Technologies Company ("CETCO"), an
    industrial fluids manufacturing company based out of Illinois, USA and a
    wholly-owned subsidiary of AMCOL International Corp., a company listed on the
    New York Stock Exchange.
    As a result of the agreement with CETCO, the Company is pursuing further
    expansion plans for its Industrial Fluids Division which supplies
    technologically advanced industrial fluids to various markets including
    horizontal directional drilling, mining exploration, geothermal and
    geotechnical, seismic and construction.
    The agreement with CETCO provides product exclusivity for the provinces
    of Alberta and Saskatchewan and offers the Company a significant advantage in
    technology driven fluids including horizontal de-watering applications for the
    oil sands.

    About Bri-Chem

    The Company operates out of its head office located in Acheson, Alberta
    and its principal activity is the wholesale/distribution blending and
    packaging of drilling fluid supplies for the oil and gas industry. The Company
    provides over 150 domestic and foreign products to customers throughout
    Alberta, British Columbia, Saskatchewan and North Dakota, USA.

    Forward Looking Statements

    Certain statements contained in this press release, including statements
    which may contain words such as "could", "should", "expect", "anticipate",
    "believe", "will", and similar expressions and statements relating to matters
    that are not historical facts are forward looking statements. Such forward
    looking statements involve known and unknown risks and uncertainties which may
    cause the actual results, performances or achievements of Bri-Chem Corp. to be
    materially different from any future results, performances or achievements
    expressed or implied by such forward looking statements. Such factors include,
    but are not limited to, fluctuations in oil and gas activity levels, political
    and economic conditions, and the demand for products provided by Bri-Chem

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

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