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  ::: Wax Products 

 

Wax Products    |    Market   |    Spill Statistics    |    Competition   |    Testimonials   |    Opportunities 

Markets

Oil spills are not only environmentally harmful but also very expensive to clean. As with human nature “what we can’t see won’t hurt us” – most financial resources used for oil spills is incurred when oil hits shoreline. The EPA estimates over US$1.47 billion is spent annually on oil spill clean up, with nearly 90% of the budget used for the shoreline cleanup and still water containment.

 

INFITECH’s focus with the “hot wax” technology is at the sweet-spot of oil spill cleanup, as the technology has competitive advantages for these applications:

 

1. Shoreline cleanup and

2. Still/calm water containment

 

Jurisdictionally, the welfare of the environment is headed by federal or state governments, with an oversight role for a state overseeing agency (i.e. EPA). The industry is therefore relatively concentrated and purchasing decisions are based on a best-practices approach.

Target Market

INFITECH’s technology’s ability to adhere to any oil whether it is floating or stuck in between a crevice make it ideal to tackle the shoreline cleanup and still/water containment markets.

 

Shoreline Cleanup: Shoreline cleanup is the most difficult and arduous of tasks when it comes to oil spills. The oil covers sand, rocks, and seeps into crevices beneath the surface. Because the shoreline is usually the closest point of contact for people – it also poises the greatest risk. Therefore it is logical that 80% of all funding is used to collect the oil. Current methodologies include absorbents, hot water sprays, boons, and towels. These methods are not efficient in terms of cost and labour, but more importantly, does not clean the sub-surface, where most of the oil resides.

 

The “hot wax” technology reduces operating expenses by replacing costlier and less efficient methods aforementioned with one simple to apply technology that can reach crevices and difficult places owing to it's liquid mobility unlike competing products. The “hot wax” is sprayed with a normal garden hose in liquid form, then solidifies and then manually removed for disposal or recycling. This technology has been tested by and been given accolades by Environment Canada and the United States Navy.

 

Still/calm water containment: Oil spills occurring in the open sea are rarely reported and seldom cleaned. On the other hand, spills on still water (i.e. estuaries, lakes, bays, etc…) warrant much greater resources due to its proximity to land and people. Currently, there is not one clear method which can be applied. Absorbents, skimmers, and boons are the favorite response types. They are however sorely effective and prohibitively expensive because they involve a good deal of technical dexterity and the presence of the needed equipment.

 

The universality and affordability of the “hot wax” allows it to be stationed in convenient places. This proximity allows for faster response times and significant savings for the end users.

 

 

 

 

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