kelso safety valve in stock

Kelso"s pressure relief valve raises the bar on best available technology from railway equipment suppliers. Our external PRV design for general purpose tank cars improves reliability and performance over the older internal models that allowed active components to come in contact with the commodities being transported. In addition, the maintenance requirements for the Kelso PRV are less frequent due to elimination of contact with the goods inside the car, and the inspection process each time the tank car is loaded is far less time-consuming due to the Kelso PRVs location outside the car.  With thousands of units in service the Kelso external PRV has demonstrated reliable operations in many tough service conditions without need of maintenance or unscheduled repair.

VANCOUVER, British Columbia and BONHAM, Texas, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Kelso Technologies Inc. (TSX: KLS) (NYSE American: KIQ) (“Kelso” or the “Company”) reports that all of the participating oil refiners engaged in the service trials of the Company’s new 2” angle valve (K2AV) have successfully installed the requisite number of K2AV units and full AAR compliance testing continues. The Kelso K2AV is a device specifically designed to transfer LP-Gas and anhydrous ammonia in pressurized railroad tank car applications.

The current pressure car fleet includes approximately 85,000 tank cars and each pressure tank car utilizes three K2AV units. These are high value specialty products and management’s objectives are to generate multi-million dollar revenues from the K2AV as oil refiners specify the Company’s products in larger numbers. The pressure tank car market is a previously untapped market for Kelso to develop.

The development of the K2AV has been driven by customers’ demand for better performing angle valves due to irregular performance of the current products available in the market today. The Kelso K2AV is a single piece of high-quality fabricated steel eliminating porosity weakness found in commonly used castings. It is designed for universal use, there are no wetted or outlet O-rings to change out; it has a self-draining, self-cleaning seat; it has a low operating torque for ease of use; it has an adjustable packing gland; and it is a serviceable valve. The K2AV has an AAR standard mounting that will allow for ease of interchangeability with other 2” angle valves. The K2AV is completely manufactured in the USA.

The K2AV rounds out the Kelso Pressure Car Kit which includes the pressure relief valve (PCH), an excess flow check valve, a thermometer well, a needle (sampling) valve and magnetic gauging device. The availability of the Kelso Pressure Car Kit provides customers with the opportunity for one-stop sourcing for pressure car needs.

James R. Bond, CEO of the Company, comments that, “The Company’s technology portfolio which is a key component of Kelso’s long-term success goals has advanced as scheduled despite COVID-19 related issues. Kelso remains dedicated to the development of new innovative safety technologies that deliver long term, reliable high performance for the Company’s stakeholders. The response to Kelso’s K2AV from potential customers who were involved in the final design specifications has been very encouraging. Kelso is prepared for full K2AV production and distribution when the final AAR approvals are received.”

Kelso is a diverse product development company that specializes in the design, engineering, production and distribution of proprietary service equipment used in transportation applications. The Company’s reputation has been earned as a designer and reliable supplier of unique high-quality rail tank car valve equipment that provides for the safe handling and containment of hazardous and non-hazardous commodities during transport. All Kelso products are specifically designed to provide economic and operational advantages to customers while reducing the potential effects of human error and environmental harm.

For a more complete business and financial profile of the Company, please view the Company"s website at www.kelsotech.com and public documents posted under the Company’s profile on www.sedar.com in Canada and on EDGAR at www.sec.gov in the United States.

Legal Notice Regarding Forward-Looking Statements:This news release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements in this news release include that that Kelso will get AAR approval for our K2AV; that Kelso has the requisite number of K2AV units in AAR service trial testing; that our larger product portfolio will advance our longer-term success; that management’s objectives are to generate multi-million dollar revenues from the K2AV; and that Kelso will be ready for full production and distribution of the K2AV when final AAR approvals are received. Although Kelso believes its anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, they can give no assurance that such expectations will prove to be correct. The reader should not place undue reliance on forward-looking statements and information as such statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Kelso to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Such risks and uncertainties include, without limitation, the risk that products may be dropped if ongoing service trials reveal engineering issues that render a new product unfeasible; the Company’s products may not provide the intended economic or operational advantages to customers or reduce the potential effects of human error and environmental harm during the transport of hazardous materials; our products may not sell as well as expected to grow and sustain anticipated new revenue streams; AAR approvals may not be attained; the cyclical rail tank car market may not improve quickly; customer orders may be cancelled and established competitors may enter the market with new product offerings which could reduce our expected market share. Except as required by law, the Company does not intend to update the forward-looking information and forward-looking statements contained in this news release.

Kelso Technologies, Inc is a product development company, which engages in the design, production and marketing of various proprietary pressure relief valves and manway securement systems used in transportation applications. Its products are initially designed to be installed on railroad tank cars which carry hazardous and non-hazardous commodities. The company was founded on March 16, 1987 and is headquartered in Surrey, Canada.

VANCOUVER, British Columbia and BONHAM, Texas, May 07, 2020 (GLOBE NEWSWIRE) -- Kelso Technologies Inc. (“Kelso” or the “Company”), (TSX: KLS), (NYSE American: KIQ) reports that it has released its unaudited consolidated interim financial statements and Management Discussion and Analysis for the three months ended March 31, 2020.

The working capital position of the Company at March 31, 2020 was $9,038,198 compared to $7,937,873 at December 31, 2019. The majority of accounts receivable are collected within 30 days from invoicing shipments giving Kelso $2,901,000 of additional cash flow plus $4,576,643 of available cash to discharge accounts payable and accrued liabilities of $2,906,638 on a timely basis subsequent to March 31, 2020. Income taxes payable in the amount of $71,341 are due mid 2020.

While certain government authorities in North America have ordered the closure or minimization of all non-essential business operations in regions where they operate, Kelso falls within the exemptions for businesses that provide essential products and workforces that carry out critical manufacturing. Kelso therefore plans to continue operations at its valve assembly facility in Bonham, Texas while being mindful of the potential negative impacts of COVID-19 in terms of decreased rail business activities and potential supply chain interruptions.

The Company continues to be committed to the health, welfare and safety of our employees, business partners and communities where we operate. We are applying comprehensive and rigorous hygiene policies and employee temperature monitoring practices to ensure our personnel remain risk free. Travel is restricted and our people that can work from home do so. Management will maintain full adherence to all measures put in place by applicable government authorities.

With respect to our rail tank car product development, long AAR approval processes continue to impede our ability to improve sales with additional rail tank car equipment. The Company has applications in process with the AAR for our new ceramic ball bottom outlet valve, pressure car pressure relief valve, ball valve, manway cover and angle valve although final AAR approval processes take considerable time to complete. These new products have been derived through co-engineering support and testing support from our key customers which may strengthen the probability of longer term adoption by the rail industry.

The technology challenges regarding the safety and access capabilities of emergency responders fighting wilderness fires motivated Kelso to begin the development of a unique wilderness vehicle suspension system. This innovative equipment provides new rapid response “road-to-no-road and back” capabilities regardless of weather, climate or the severity of the terrain. Known as the KXI™ Suspension System (KXI) it is based on thirty years of active wilderness research and experience.

KXI is in the final design stages and moving toward revenue generation. The Company is scheduled to complete the conversion of two vehicles with the production prototype KXI to prepare the final “blueprint” for the first commercial offerings to the marketplace. The Company will then move into “pilot” production operations where we will convert and sell or lease 24 KXI equipped vehicles. We will then scale our production capacity based on projected sales. These potential markets for KXI are multi-million dollar revenue opportunities for Kelso to pursue.

Our longer term business prospects remain good but we are living in very challenging times. No one will be unaffected by the uncertainties surrounding the COVID-19 economy. There will certainly be diminishment of our financial performance during 2020 due to the pandemic although the depth and length of the downturn remains uncertain. We have evaluated the impact of several downside scenarios and feel that our debt free financial position, capital reserves, manageable costs and flexible business model will allow Kelso to maintain its positive stature and exit the COVID-19 crisis with a strong financial foundation.

Kelso is a diverse product development company that specializes in the design, production and distribution of proprietary service equipment used in transportation applications. Our reputation has been earned as a designer and reliable supplier of unique high quality rail tank car valve equipment that provides for the safe handling and containment of hazardous and non-hazardous commodities during transport. All Kelso products are specifically designed to provide economic and operational advantages to customers while reducing the potential effects of human error and environmental harm.

For a more complete business and financial profile of the Company, please view the Company"s website at www.kelsotech.com and public documents posted under the Company’s profile on www.sedar.com in Canada and on EDGAR at www.sec.gov in the United States.

Legal Notice Regarding Forward-Looking Statements: This news release contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements in this news release include that the COVID-19 pandemic has become an unforeseen crisis to be managed; that Kelso plans to continue operations at its valve assembly facility in Bonham, Texas; that our capital management allows us to finance operations and R&D from existing capital reserves and sales of our products without the need for new equity capital or credit facilities; that new rail products have been derived through co-engineering support and testing support from our key customers which may strengthen the probability of longer term adoption by the rail industry; that these potential markets for new products are multi-million dollar revenue opportunities for Kelso to pursue; that we will move into “pilot” production operations where we will convert and sell or lease 24 KXI equipped vehicles; that we will scale our production; that potential markets for KXI are multi-million dollar revenue opportunities; and that there will certainly be diminishment of our financial performance during 2020 due to COVID-19 but with our current debt free financial position, capital reserves and manageable costs Kelso can maintain its positive stature and exit the COVID-19 crisis with a strong financial foundation. Although Kelso believes its anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, they can give no assurance that such expectations will prove to be correct. The reader should not place undue reliance on forward-looking statements and information as such statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Kelso to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information, including without limitation that the market for KXI may not materialize as expected and we may not sell or lease 24 vehicles and may not need to scale production; that the risk that regulatory deadlines for compliance may be delayed or cancelled; the Company’s products may not provide the intended economic or operational advantages; or reduce the potential effects of human error and environmental harm during the transport of hazardous materials; or grow and sustain anticipated revenue streams; our new products may not receive AAR certification; orders may be cancelled and competitors may enter the market with new product offerings which could capture some of our market share; and our new equipment offerings may not capture market share as well as expected. Except as required by law, the Company does not intend to update the forward-looking information and forward-looking statements contained in this news release.

Kelso Technologies Inc. (TSX:KLS)(NYSE MKT:KIQ) ("Kelso" or the "Company") is pleased to report that the Company has completed the development of Kelso"s new rail tank car bottom outlet valve (BOV) featuring ceramic components that are designed to increase valve life and reliability. Kelso has received the approval from the Association of American Railroads (AAR) for the field service trials of this unique BOV design.

The ceramic BOV is an evolution of our current stainless steel BOV design that is currently in service trials. Most general service tank rail tank cars carrying non-hazardous and hazardous commodities including crude oil and ethanol are equipped with a bottom outlet valve through which the tank car is emptied. Current BOV designs utilizing stainless steel components have well-known shortcomings specifically in transport services where the commodity is abrasive or has corrosive characteristics that are detrimental to the materials from which the BOV is made.

Kelso, at the request of its customers to develop a better BOV, has incorporated cutting-edge ceramic technology to overcome these shortcomings. This ceramic technology exhibits superior chemical resistance and mechanical strength which are both vital to the performance of a rail tank car bottom outlet valve. Our testing of current metallic valve components has confirmed that our new BOV can deliver a significant improvement in valve performance through the use of ceramic materials.

James R. Bond, CEO of the Company comments that: "Kelso continues to develop and achieve new designs that provide better alternatives to service the unique challenges of transporting hazardous materials. Our innovation objectives are focused on creating "best available safety technology" products designed to better protect the lives of first responders and all in harms way. Our new ceramic-based BOV is a unique innovation that will be the first commercial use of ceramics to be approved by the AAR for use in rail tank cars. Our industry has been bogged down with regulatory and economic challenges over the past year but we remain optimistic that our long-term product strategies should eventually lead to enhanced financial performance when economic conditions improve."

Kelso is a railway equipment supplier that designs, produces and sells proprietary tank car service equipment used in the safe handling and containment of hazardous materials during transport. Products are specifically designed to provide economic and operational advantages while reducing the potential effects of human error and environmental harm during the transport of hazardous materials. The Company is recognized as a reliable supplier of AAR approved railway equipment that addresses the regulatory concerns about railroad safety in North America.

For a more complete business and financial profile of the Company, please view the Company"s website at www.kelsotech.com and public documents posted under the Company"s profile on www.sedar.com in Canada and on EDGAR at www.sec.gov in the United States.

Legal Notice Regarding Forward-Looking Statements: This news release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements in this news release include that our ceramic based BOV innovation will be the first commercial use of ceramics to be approved by the AAR for use in rail tank cars; and that we remain optimistic that our long-term product strategies should eventually lead to enhanced financial performance when economic conditions improve. Although Kelso believes its anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, they can give no assurance that such expectations will prove to be correct. The reader should not place undue reliance on forward-looking statements and information as such statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Kelso to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information, including without limitation the risk that the Company"s products may not provide the intended economic or operational advantages; or reduce the potential effects of human error and environmental harm during the transport of hazardous materials; or grow and sustain anticipated revenue streams; AAR approvals may not be attained; the rail tank car market may not improve in 2016, orders may be cancelled and competitors may enter the market with new product offerings which could capture some of our expected market share. Except as required by law, the Company does not intend to update the forward-looking information and forward-looking statements contained in this news release.

Kelso Technologies Inc. develops, produces, and distributes proprietary equipment used in transportation applications in the United States and Canada. The company offers railway equipment, such as bottom outlet, pressure relief, vacuum relief, and check valves, as well as one-bolt manways, pressure cars, pressure differential parts, tank gauges, laboratory test equipment, and wheel cleaners; emergency response kits; and fueling valves. It also provides trucking components, including one-bolt manways and pressure/vacuum safety valves for tank trailers; and suspension systems for fleet vehicles to access wilderness worksites. The company was formerly known as Kelso Resources Ltd. and changed its name to Kelso Technologies Inc. in July 1994. Kelso Technologies Inc. was incorporated in 1987 and is headquartered in Surrey, Canada.

Did you know that NASVI has 35,000 safety & relief valves ready to ship at a moment’s notice? Or that warehouse is so huge (63,000 square feet!) we have a 24-foot fan to keep it cool. We ship over 200 valves a day – that’s 1,000 valves a week and like a million shipping labels!*

Need a safety valve? We have 35,000+ valves in stock. And ship over 200 valves a day!  That’s 1,000 valves a week. And like, a million shipping labels.