BKT

BioLargo, BKT, and Tomorrow Water finalized a joint venture to manufacture and distribute CupriDyne Clean odor and VOC control products in South Korea. BKT purchased $350,000 of BioLargo stock, and the joint venture is funded with $150,000 from BKT and Tomorrow Water and $100,000 from BioLargo.

BioLargo Inc. formed a strategic alliance with BKT Company Limited (including its US subsidiary Tomorrow Water) and the City of Daegu, South Korea, to explore opportunities for BioLargo's water and wastewater treatment technologies in South Korea. The initial focus is on utilizing BioLargo's CupriDyne Clean Industrial Odor and VOC Eliminator in South Korea's wastewater treatment industry.

BKT will supply the complete suite of core wastewater and sludge treatment technologies for the modernization of the Suyeong Sewage Treatment Plant in Busan, South Korea. The project investment exceeds USD 400 million.

BKT plans a greenfield project in Waluj, Aurangabad on 22 acres of freehold land, with a capex of approximately ₹500 crore, including a co-generation plant and warehousing.

BKT's board approved a capex of up to $100 million for a greenfield tire plant in the USA with 20,000 MT p.a. capacity, to be completed within 30 months.