Interline Resources Corp. has signed an exclusive licensing agreement for its contaminated oil reprocessing technology with Gadgil Western Corp. for Bahrain and Singapore.
Gadgil Corp. has agreed to pay $1 million to Interline for rights to the countries. Interline's technology allows Gadgil Western to operate fuel oil refineries that upgrade low-value, heavy refinery hydrocarbons to middle distillates such as gasoline and diesel fuels.
