16:33:24 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Cleango Innovations Inc (3)
Symbol CGII
Shares Issued 4,684,427
Close 2024-02-14 C$ 1.67
Market Cap C$ 7,822,993
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Cleango receives 4th order from industrial supply firm

2024-02-15 08:46 ET - News Release

Mr. Anthony Sarvucci reports

CLEANGO RECEIVES FOURTH CONSECUTIVE PURCHASE ORDER FROM LEADING INDUSTRIAL CHEMICAL SUPPLIER

Cleango Innovations Inc. has received a fourth purchase order (PO) from a leading industrial supply company serving the oil and gas sector in Calgary, Alta., Canada.

This PO marks the fourth reorder from this commercial client in the first quarter of 2024 and demonstrates a strong commercial use case for Cleango's CG-100 product offering within the in oil and gas sector. The company anticipates the total volume of orders to surpass the 500,000-litre mark in 2024, marking a significant milestone in its growth trajectory.

Since first initiating a white-label partnership in 2021 with the industrial client, the company has experienced a steady increase in order volumes year over year. This trend again underscores the industry's growing confidence in Cleango's products and solutions.

This partnership not only cements Cleango Innovations' market position as a key player in the oil and gas industry, but also enhances its ability to collect and leverage data from successful applications of its product suite. These insights are instrumental in refining the company's offerings and expanding Cleango's footprint in the broader industrial supply market.

Anthony Sarvucci, chief executive officer of Cleango, stated: "Our sustained focus on nurturing customer relationships, coupled with the positive reception of our products, lays the foundation for our growth strategy. By consistently meeting the evolving needs of our clients and leveraging positive industry feedback, we aim to position our innovative solutions as indispensable resources across various industrial sectors. This approach not only exemplifies our commitment to diversity and expansion, but also reinforces our dedication to environmental stewardship and excellence in customer service."

About Cleango Innovations Inc.

Cleango Innovations is an international, publicly traded company that specializes in the development of early-staged, green, non-toxic and sustainable products used in retail, commercial and industrial applications.

The company is proud of its suite of proprietary, Green Seal-certified, non-toxic, green products that are Health Canada approved to claim 99.9-per-cent disinfecting of viruses and bacteria on a hard surface. Cleango's portfolio is proud to be a part of Cruelty Free/Leaping Bunny as a certified product while being both family and pet safe. It is Cleango's mission to create the world's leading non-toxic, green solutions for the world's cleaning problems.

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