OTI Greentech signs Distribution Agreement with Oman Oil Industry Supplies & Services Company (OOISS)

- OTI Greentech increases market presence in the Middle East with a focus on Cleaning and Environmental Services;
- OOISS is one of the leading oilfield supply companies in Oman and is majority owned by the one of the leading Omani business groups, the Zubair Corporation;
- Oman's growing economy increasingly shows a demand for sustainable solutions.

Zug, 12th February 2013, OTI Greentech AG, a leading provider of environmentally friendly solutions for cleaning, recovery and disposal of oil in a wide variety of applications, has expanded its market presence in the Middle East by signing a distribution agreement with Oman Oil Industry Supplies & Services LLC (OOISS). OTI Greentech’s awarded EcoSOLUT™ products will now be available in one of the fastest growing economies in the Gulf. Established in 1974, OOISS operates a large technical sales/logistics and support services business that is geared towards being an integral part of the supply chains of the world-class oil exploration and production companies active in the Sultanate of Oman.

Over the past year, EcoSOLUT™ products have been used successfully by various shipping, oil service and waste management companies. Demand for the products has increased significantly, requiring the company to expand its international distribution network as a matter of priority. Oman, with one of the fastest growing economies in the Gulf region, shows increasing demand for sustainable high-performance solutions in the cleaning and treatment of waste streams from oil production and storage tanks. OTI Greentech’s product portfolio complements the existing portfolio of OOISS and creates new capabilities in its range of cleaning and environmental services.

“With Oman Oil Industry Supplies and Services Company we have managed to secure leading and well respected partners in an important market for the distribution of our products. Our products set new standards in cost efficiency, safety and environmental friendliness in the tank and equipment cleaning sector.”, Stephan Rind, President of OTI Greentech AG commented on the execution of the new agreement.

"OOISS takes pride in providing its clients a one-stop shop for all oil industry related requirements. Our clients come to us with requirements from across the Oil & Gas industry operations here in the Sultanate and expect that we offer world-class solutions", said Roel Berendsen - Asst. General Manager, Sales and Marketing of OOISS. "Oman's crude and LNG are relatively costly to produce and the Sultanate has high standards for the environmental protection of its natural beauty. We are therefore always on the lookout for innovative and cost effective products and services to add to our portfolio. We are excited to add OTI Greentech's patented range of EcoSOLUT™ environmentally sustainable products to the full range of well operations and water & process treatment chemicals we already offer the industry."
"The transaction has been arranged by Marc Bode of Mountain Partners Group, a global investment management group, headquartered in Switzerland."

About OTI Greentech AG

OTI Greentech is an internationally leading cleantech engineering group based in Switzerland. The company provides environmentally friendly solutions and a patented technology for cleaning, recovery and disposal of oil in a wide variety of applications. This includes the cleaning of tanks, ships and industrial machinery, oil recovery from sludge, soil remediation and the processing and extraction of oil from conventional and unconventional deposits.

About Zubair Corporation

For more than four decades, The Zubair Corporation (Z-Corp) has been bringing technology and expertise from around the world into the Sultanate of Oman to help build a vibrant and modern nation. Over the years Z-Corp has grown and expanded. Today it consists of 65 wholly-owned companies, subsidiaries and associates that operate in Oman, the rest of the Middle East, India, Europe and the USA, having long association with several leading international organizations and brands, as joint ventures and trading partners. The Corporation’s operating units have been strategized into six verticals such as Energy & Logistics, Engineering Construction & Contracting, Financial Services, ICT, Manufacturing, and Real Estate & Hospitality.

Contact:

OTI GREENTECH AG
Myriam Ruttmann
Marketing & Communications
Seestrasse 5
CH - 6300 Zug
Tel: +41 41 727 21 05
Email: m.ruttmann@oti.ag

This release was published on openPR.