Napier Environmental Technologies Inc
Napier Environmental Technologies Inc is a company which developed environmentally responsible solutions and quality products to safely remove unwanted coatings from any surface in a user friendly, cost effective manner. The technologies are specifically developed to replace unsafe harsh chemicals and unacceptable mechanical methods still common in the industry. This technology was sold to Freeworld Coating Global (Pty) Ltd., who will introduce the product internationally and continue with the development of the product range. Effective August 1, 2009, Napier shall commence the process of closing its production facilities. Napier will continue as a public company, holding a licensing agreement with a major international paint company from which it will earn royalty income over the next 10 years.