NLIS 6
November 10, 2004
(Innovation, Trade and Rural Development)

 


Newfoundland and Labrador and Irish companies partner 
to introduce
new energy efficient technology to North American market

Kathy Dunderdale, Minister of Innovation, Trade and Rural Development for the Government of Newfoundland and Labrador, and Michael Ahern, Minister of Trade and Commerce and Chairman of the Ireland Newfoundland Partnership, are pleased to announce that a Newfoundland metal fabricator will sign a partnership contract with an Irish company to manufacture an energy-saving heating system tank in Newfoundland and Labrador. The contract will be signed this evening in Dublin, Ireland at the Department of the Taoiseach. 

"Bursey Manufacturing Inc. of Conception Bay South and Oxyvent Ltd. of Killarney, Ireland, are two innovative companies that are combining their expertise to launch a new product onto the North American market," said Minister Dundedale. "My officials have been working with these two companies for some months and I am pleased the Department of Innovation, Trade and Rural Development has been able to help bring these two companies together." 

Minster Ahern, Minister for Trade and Commerce and Chairman of the Ireland Newfoundland Partnership, is confident that this agreement will, "serve as a model to enhance and deepen the already existing business links between Ireland and Newfoundland and Labrador." 

Bursey Manufacturing fabricates a range of steel, stainless steel and aluminum oil and septic tanks. Oxyvent has developed a patented device called a Cremin Tank for removing trapped air in hot water radiators and under-floor heating systems to boost heating efficiency. Bursey will manufacture Oxyvent�s Cremin Tanks for distribution and sale in North America. 

"For 14 years our company has striven to produce a first-rate product, extend its product line, and increase its export sales," said Bill Bursey of Bursey Manufacturing. "We are delighted to be partnering with Oxyvent to produce a heat-saving device that will benefit Newfoundland and Labrador homeowners and be of interest to homeowners throughout Canada and the United States." 

"We were attracted to Newfoundland by its competitive business tax rates and a time difference of only three-and-a-half hours with Ireland which makes it ideal for doing business," says Tim Cremin of Oxyvent. "Our meetings with Bursey Manufacturing convinced us that they would be a good match and we are pleased to be able to offer our product to Canadians and Americans." Mr. Cremin noted that the Cremin tank is already being manufactured under licence in the Netherlands. 

Newfoundland and Labrador Premier Danny Williams and Minister Dunderdale visited Ireland in July. On that visit, which was arranged by the Ireland Newfoundland Partnership, the Premier and Taoiseach Bertie Ahern signed a Memorandum of Understanding (MOU) renewing both regions� commitment to strengthening ties and developing linkages between the province and Ireland. 

BACKGROUNDER 

Oxyvent Ltd.
Tim Cremin, a residential and commercial plumbing and heating contractor, invented the Cremin Tank after discovering that air in water heating systems reduces water flow and lowers efficiency. Bleeding air from a heating system when it is first installed is insufficient. Mr. Cremin discovered that air is introduced into the system any time water is heated above 60 degrees centigrade. So he invented a tank, about the size of a grocery carton, to remove the air. The device is patented and Mr. Cremin received a silver medal and diploma at the International Invention Exhibition in Geneva in 2001 for his invention. The Cremin Tank is manufactured in the Netherlands to environmental standards ISO with system certification ISO 9002. Oxyvent claims fuel saving gains of 30 to 50 per cent using their device.
 

Bursey Manufacturing Inc.
Bill Bursey formed Bursey Manufacturing Inc. in 1992 to build oil tanks and sceptic tanks. The company today produces a range of tanks for use below and above ground including double-walled storage tanks, self-dyked storage tanks, mobile refuelling tanks and benchtop tanks in steel, stainless steel and aluminum. The tanks are manufactured to Underwriters� Laboratories of Canada standards and sold in Newfoundland and Labrador as well as Nova Scotia, St. Pierre-Miquelon, Quebec, Nunavut, and the Northwest Territories. The company is in the process of acquiring ISO 9001:2000 certification.
 

Media contact: 

Newfoundland and Labrador:
Lynn Evans
Innovation, Trade and Rural Development
Government of Newfoundland and Labrador
(709) 729-4570 or (709) 690-6290
 

Bill Bursey
Bursey Manufacturing
Conception Bay South, Newfoundland and Labrador
(709) 834-9200
 

Ireland:
Andrea Thompson
Ireland Newfoundland Partnership
Department of the Taoiseach.
011 353 1 676 2846

Andrea.Thompson@inp.ie
 

Tim Cremin
Oxyvent
Killarney, County Kerry, Ireland
Tel +353 64 54449

info@oxyvent.com

2004 11 10                     4:15 p.m.


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