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CleanGo Innovations Inc. Announces Partial Acquisition of AgritechBC Solutions Inc
Thenewswire· 2026-04-01 10:00
Core Insights - CleanGo Innovations Inc. has entered into a definitive Stock Purchase Agreement to acquire a 49% equity stake in AgritechBC Solutions Inc., aligning its green solutions with AgritechBC's nature-based technologies for environmental restoration [1][3] Group 1: Acquisition Details - The acquisition is a result of a previously announced Letter of Intent (LOI) between CleanGo and AgritechBC on October 21, 2025 [1] - The transaction aims to leverage AgritechBC's proprietary technologies, which include MycoSet™, BioIngress™, and PhytoCentra™, to address the growing global demand for organic environmental restoration [2][5] Group 2: Market Potential - The Global Environmental Remediation Market was valued at approximately $113.6 billion in 2024 and is projected to reach $210.56 billion by 2030, presenting significant growth opportunities for CleanGo [3] - Additionally, the global Waste Management Market, particularly in landfill optimization, represents a $1.5 trillion opportunity as municipalities adopt sustainable practices [3] Group 3: Executive Commentary - The CEO of CleanGo emphasized that the acquisition is about providing organic solutions rather than relying on chemical treatments, highlighting the scientific validity of the MycoSet™ technology [5] - The Director of AgritechBC noted that the partnership with CleanGo will enable the scaling of their organic remediation solutions globally, ensuring that their intellectual property is used for impactful commercialization projects [6]
CleanGo Innovations Inc. Announces Breakthrough Third-Party Validation of MycoSet
Thenewswire· 2026-03-10 09:00
Core Insights - CleanGo Innovations Inc. has announced significant results from independent laboratory testing of its MycoSet™ remediation product, confirming its effectiveness in biodegrading petroleum pollutants [1][2][3] Group 1: Product Efficacy - MycoSet™ achieved a mineralization rate of 65-72% in diesel-treated systems, compared to only 18-25% in untreated controls, demonstrating its superior performance [7] - The product also increased degradation of heavy hydrocarbons like bitumen to 32-40%, while untreated samples showed less than 5% activity, indicating its effectiveness against challenging contaminants [7] - Testing was conducted under OECD 301B and 302B conditions, ensuring compliance with international regulatory standards [7] Group 2: Market Strategy - Following successful test results, CleanGo Innovations and AgritechBC Solutions Inc. are launching MycoSet™ globally and expanding their testing program to various environmental and industrial settings [2][3] - The company aims to position MycoSet™ as a regulatory-ready solution that meets stringent environmental standards worldwide [3] Group 3: Company Overview - CleanGo Innovations Inc. specializes in developing green, non-toxic, and sustainable products for retail, commercial, and industrial applications [4] - The company is committed to creating leading non-toxic solutions for cleaning problems, with a portfolio that includes Green Seal Certified products [5][6]
CleanGo Innovations Inc. Announces Global Launch of MycoSet(TM) Remediation Suite; CleanGo Arabia LTD to Spearhead Expansion in Saudi Arabia and GCC
Thenewswire· 2026-01-08 08:00
Core Insights - CleanGo Innovations Inc. has launched its MycoSet™ Oilfield Remediation technology globally, with a focus on the Saudi Arabian market through its subsidiary CleanGo Arabia LTD, marking a strategic entry into the Gulf Cooperation Council (GCC) region [1][2] Company Overview - CleanGo Innovations Inc. specializes in proprietary green chemistry and sustainable industrial solutions, aiming to replace toxic chemicals with high-performance green alternatives [7] - The company has manufacturing operations across North and South America, and now in Saudi Arabia, emphasizing its commitment to sustainability [7] Technology Details - MycoSet™ technology offers a biological alternative to traditional mechanical remediation, designed to operate effectively in the extreme arid and hypersaline environments of Saudi Arabia [2][5] - The MycoSet™ suite includes BioIngress™ biostimulant and PhytoCentra™ surfactant, which enhance the effectiveness of the remediation process [2][5] Environmental Impact - MycoSet™ technology eliminates the need for "dig and dump" excavation, reducing logistical costs by up to 60% [6] - It requires 85% less water than traditional soil washing methods, which is particularly advantageous in the water-scarce GCC region [6] - The technology restores the biological health of the soil, allowing native flora to return, unlike thermal desorption methods that leave soil sterile [6] Strategic Importance - The launch of MycoSet™ is seen as a paradigm shift for the oil and gas industry, providing a cost-effective and environmentally regenerative solution [3][5] - CleanGo Arabia is positioned to set a new standard in the GCC, delivering products that benefit both the environment and the financial performance of energy companies [5]