Innoveox, a company based in Paris and whose research centre is based in Pessac, close to Bordeaux, is a fledgling company with revolutionary technology for industrial effluent treatment.
It offers a turnkey technological solution to factories to treat and recover toxic waste (oil residues, oil, solvents, and pesticides) by using the positive-energy HydroThermale Oxydation in a Supercritical Environment (OHTS) process. Innoveox has worldwide ownership of this technology developed by the National Centre for Scientific Research at the ICMCB (Institute of Condensed Matter Chemistry of Bordeaux).
Its industrial unit (treatment capacity of 1000 tons a year) is in operation on its Arthez de Bearn site.
2014 saw a first key transition for Innoveox, raising €15 million in funds to establish their position on their target markets and prepare themselves for their growth.
The group has completed some essential milestones for its future development, both industrially with the implementation of its first industrial unit in Reunion Island, and commercially with its positioning on strategic markets (French Overseas Departments and Territories and Canada) and has entered into a number of key negotiations on its target markets in chemicals, health and oil.
With these assets, Innoveox could easily become the European leader, an feels very confident as its enters 2015.
In addition to new recruitments, Innoveox is moving forward with the implementation of its new laboratory, one of the objectives of its IPO scheduled to open in May/June 2015 to raise funds. The estimated cost is around €200,000.
The lab will allow Innoveox to carry out its own tests.
Innoveox will continue to work with the ICMCB laboratory in Bordeaux.
(Source: Press release 15/04/2015)