Press Releases
Janel World Trade Receives USTDA Grant Approval For Pilot Project In China
JAMAICA, N.Y., Jan. 28 /PRNewswire-FirstCall/ -- Janel World Trade, Ltd. (OTC Bulletin Board: JLWT), a full-service global provider of integrated transportation, logistics and environmental services, today announced it has received approval from the United States Trade Development Agency (USTDA) for a grant to conduct a pilot project in Meigliang Bay (Lake Tai) China in the spring of 2010.
Janel had completed all comprehensive and successful testing on the effectiveness and safety of Clear Blue 104™ as an effective algaecide and bactericide in live lake conditions last year. The explosion of algae and its related problems is the daunting issue facing Lake Tai, a body of water the size of Lake Huron and the primary source of drinking water for the city of Shanghai. The problem impacts other major sources of drinking water in China and around the globe. This successful testing was the first important step toward obtaining the USTDA grant, which carries US support and approval for the project because it could lead the way to a broader use of US products and services in the China environmental market. Janel is the sole distributor of Clear Blue in China, where it is a registered product. Over the past 18 months, the company has leveraged its presence in China and its expertise in providing worldwide logistic and project management services to build a consortium of US and Chinese companies with specific skill sets and expertise. Accordingly, under the leadership of the Janel Project Management Division, Janel will bring technology, products and services to bear on this daunting environmental problem. In addition to supplying the Clear Blue product, Janel Project Management Division will be responsible for providing the project design and management, freight forwarding, product application, technology supporting local dredging, sediment remediation, warehousing, monitoring, analysis and reports on the Lake Tai pilot project.TheStreet Premium Services
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