Investment13 Jan 2026, 03:38 pm
Lloyds Engineering Works Limited Expands Global Commercial Rights for Eco Pickled Technology Through Agreement with The Material Works, USA
AI Summary
Lloyds Engineering Works Limited (LEWL) has entered into an expanded cross-border agreement with The Material Works Ltd. (TMW), USA for the design, manufacture, and commercial deployment of Eco Pickled Surface (EPS) technology, a patented acid-less steel pickling solution. This agreement enables worldwide deployment of the proprietary eco pickling Technology and materially expands its commercial footprint and export potential. The EPS technology eliminates the use of hazardous acids, operates with zero liquid discharge, and uses recyclable materials, offering a compliant alternative to conventional pickling methods.
Key Highlights
- Lloyds Engineering Works Limited expands global commercial rights for Eco Pickled Technology through agreement with The Material Works, USA.
- Agreement enables worldwide deployment of proprietary eco pickling Technology.
- EPS technology eliminates the use of hazardous acids, operates with zero liquid discharge, and uses recyclable materials.
- Over 80% of cold steel products require Pickling, creating a large market globally.
- Agreement strengthens Lloyds Engineering’s portfolio of proprietary, technology-driven solutions and supports long-term growth through international commercialisation.