Pectel Group, a leading asbestos removal company, has signed an exclusive license agreement in the UK and Ireland, with US market leading waste management technology developer, ARI Technologies Inc, for their Thermochemical Conversion Technology.

This innovative technology, invented by ARI Technologies Inc, eradicates asbestos fibres through a thermal and chemical process and results in a 60-80% reduction of waste volume.

This ground-breaking thermal and chemical technology process is revolutionary in that it costs less than half of other conversion processes available in the world that melt the waste.

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Pectel Group - established over 25 years ago - is a multi-faceted organisation that offers a comprehensive range of commercial construction services across UK, Europe and Asia. Renowned within the hazardous waste sector, the Group also provides complimentary services including building refurbishment, construction, waste management and disaster management.

Scott Murray, Pectel Group's Managing Director said: "The signing of this exclusive agreement is a tremendous milestone in the life of our company. We will now be able to leave a mark on this world for future generations providing a technology that will eliminate this life destroying material that had been so readily used in our society."

ARI Technologies Inc President, Dale Timmons added: "The Pectel Group is perfectly positioned within the hazardous waste industry to take full advantage of this innovative technology we have created. We believe that their experience and knowledge coupled with our expertise in the technological process will bring life changing benefits to the UK and Ireland."

(VB/JM)