OTI Greentech AG signs Distributorship and Framework Agreements with KMI Cleaning Solutions, Inc.

OTI Greentech AG (WKN A0HNE8), an internationally active technology and engineering group listed on the Düsseldorf stock exchange, has signed distributorship and framework agreements with KMI Cleaning Solutions, Inc. (KMI). KMI, headquartered in Battle Creek, Michigan, USA is one of the leading providers of chemicals and equipment to the US and Canadian tank wash markets. Through its cooperation with KMI, OTI Greentech has the opportunity to introduce its environmentally friendly and patented ECOSOLUT-products to land-based cleaning applications in the USA and Canada. At present, OTI Greentech’s products are already supplied to the maritime industry worldwide through its operating subsidiary Uniservice Unisafe, based in Genoa, Italy. The cooperation with KMI is planned for the long term with a minimum period of 2 years.

KMI supplies cleaning chemicals and custom designed application equipment at over 100 customer sites including road tanker, isotainer and returnable tote cleaning facilities. Application equipment is supported and maintained by KMI regional technical service representatives. KMI’s manufacturing sites are located in Battle Creek, Michigan and Houston, Texas.
Dave Lafler, Vice-President of KMI, commented: “We are pleased to work with the OTI Greentech Group as a partner in expanding our current business. Combining their research and product development capabilities with our existing sales, manufacturing and distribution network will significantly enhance our ability to deliver best-in-class cleaning programs for our customers.”

Dr. John Kisalus, CTO of OTI Greentech, comments: “We are excited about the opportunity to work with such a reputable partner as KMI to develop new technology for the tank wash industry. Their experience in the industry over the last thirty seven years gives us great insight into the needs of the customers and will allow us to design even better programs.”