CFR Completes H2S Scavenger Trial In Kuwait
05-10-2010
Diversified Industries Ltd. (“Diversified”) (DVS/TSX-V) is pleased to announce that CFR Chemicals Inc. (CFR) has completed the previously announced chemical trial in Kuwait. Both CFR and its customer considered the trial a success though the treatment rates were higher than originally estimated. CFR is now in the process of negotiating a long-term supply agreement with its customer to secure ongoing supply of product for this application.

In addition to the first opportunity, CFR is working on additional proposals for new applications to use our patented hydrogen sulphide scavenger StaSweetTM. As CFR continues to work in the region it has been determined that there are significant opportunities for the Company.

Diversified and CFR President / CEO Darren Lamothe commented: “CFR has developed a very strong relationship with our local agent and we believe that together we can gain market share in the Middle Eastern oil and gas marketplace. The Company continues to develop its strategy to market our proprietary hydrogen sulphide scavengers sold under the trademark StaSweetTM. Over the next several years we anticipate our export sales to the Middle East will provide significant contribution to the company’s success.”

For more information visit www.dvsind.com or www.cfrchemicals.com


On behalf of the Board of Directors:

"Darren J. Lamothe"
_____________________________
Darren J. Lamothe, President/CEO
For investor information, please contact;
Darren Lamothe, President/CEO
e-mail: dlamothe@cfrchemicals.com
Tomas Marshall, CFO
e-mail : tmarshall@cfrchemicals.com
Phone: (403) 346-2149

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