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Cleango Innovations to expand into South America

Environment, Market News, Renewable Energy
CSE:CGII
03 April 2024 13:38 (EDT)

Cleango Innovations (CSE:CGII) has revealed a partnership with Indioquímica S.A. for the manufacturing and distribution of Cleango’s green solutions in Argentina and other regions of South America.

In a news release, the Vancouver-based company stated its partnership with Indioquímica S.A. aims to serve South America with the company’s proprietary green commercial oil and gas products

As part of the partnership, Indioquimica will integrate the company’s eco-friendly solutions into its petroleum offerings.

“Our agreement with Indioquímica S.A. is a significant milestone for Cleango Innovations,” Anthony Sarvucci, CEO of Cleango Innovations, said in a statement. “It enables us to bring our green technology to a broader market. We’re excited about the positive impact our products will have in South America and are looking forward to seeing orders commence in the next few weeks.”

According to a statement, orders to Indioquímica S.A. are expected to begin in the coming weeks with expansion taking place throughout the year.

Cleango Innovations specializes in developing early-staged, green, non-toxic and sustainable products used in retail, commercial and industrial applications.

Under its suite of proprietary products are its Green Seal Certified non-toxic green products that have been certified by Health Canada.

Shares of Cleango Innovations Inc. (CSE:CGII) are up 2.36 per cent to C$1.30 as of 10:52 am ET.

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