Airesun Global, a Cape Breton company that makes industrial oils, cleaners and lubricants out of seed oil, has signed two contracts worth a total of almost $160 million.
The Sydney-area company held a press conference Tuesday announcing it had signed a two-year, $150 million agreement under which Jolomi Engineering Services of Delta State, Nigeria, will adapt Airesun’s processor/extractor technology. In June, it signed a $6.75 million deal with ASAF Fabrication of Dubai.
These deals should provide Airesun with working capital that will allow it to establish a corporate headquarters in the