Ecochlor’s BWTS Receive ABS Approval

Ecochlor, Inc. announced that it has received Product Design Assessment (PDA) Approval from the American Bureau of Shipping (ABS) for their full range of ballast water treatment systems (BWTS). These systems have the capacity to treat ballast water flow rates of up to 16,000 m3/hr.

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Sojitz Marine & Engineering Corporation (SOMEC) Invests in Ecochlor

Ecochlor, Inc. announced today that it recently completed a $4.1 million equity financing to support its growth into the burgeoning ballast water treatment market. Investors participating in the financing included Sojitz Marine & Engineering Corporation, the shipping subsidiary of the Japanese trading company, Sojitz Corporation, and a number of individual investors. Sojitz invested $1.8 million. Since its formation in 2001, Ecochlor has raised over $12 million in equity.

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