Cape cleans up with Endecon buy
Friday, June 22, 2007
Cape, the group that provides support services to the energy sector, gas acquired Endecon Ltd for an initial £2 million.
Endecon provides environmentally safe systems to decontaminate oil refinery and petrochemical systems. Cape said the company offered an effective alternative to environmentally unfriendly chemicals or prolonged steam cleaning.
In addition to these services, Endecon has acquired exclusive rights in the UK to high pressure membrane press technology which is capable of separating oily waste into recoverable fuel oil and dry friable solid or cake acceptable on landfill sites under the new Landfill Directive which came into force in July 2004. Under Cape's ownership it is intended to introduce market leading secondary processing services during 2007 to reduce waste even further.
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