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BIOREM Inc. Secures $8 Million in New Orders Amid Growing Demand

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BIOREM Inc. Secures $8 Million in New Orders Amid Growing Demand

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Biorem Inc ( (TSE:BRM) ) just unveiled an announcement.

BIOREM Inc. has announced new orders totaling over $8 million, contributing to an order backlog of $60.5 million. The orders involve the deployment of BIOREM’s advanced air emission abatement technologies across various locations in Asia and the Americas. The company has seen increased demand driven by its new products and services, with a mix of infrastructure and industrial applications forming a significant part of the new orders. Despite potential tariff impacts in North America, BIOREM is well-positioned due to its diverse supply chain and separate divisions in Canada and the US, ensuring resilience against any trade-related challenges.

More about Biorem Inc

BIOREM Inc. is a leading clean technology company that designs, manufactures, and distributes high-efficiency air emissions control systems. These systems are used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). With sales and manufacturing offices across the continent, a dedicated research facility, and a worldwide sales representative network, the company has more than 2000 installed systems globally, serving municipalities, industrial companies, and their communities.

YTD Price Performance: -21.82%

Average Trading Volume: 58,165

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$42.07M

For a thorough assessment of BRM stock, go to TipRanks’ Stock Analysis page.

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