Wastewater treatment and reuse company Fluence Corporation (ASX: FLC) has secured a $7.2 million contract to provide a demineralised water treatment system for Eneva in Silves, Amazonas, Brazil. Eneva is a private operator of onshore natural gas in Brazil, with a strong presence in Amazonas. The system will be part of Eneva’s new $1.6 billion
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International water and wastewater treatment company De.mem (ASX: DEM) has passed the US-based testing organisation National Sanitation Foundation’s (NSF) test procedures under NSF Standard 53, setting the foundation for a global push with its new certification. The NSF tested and approved De.mem’s Graphene Oxide enhanced (GO) membrane technology for water treatment and the certification process
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Water tech company SciDev Limited (ASX: SDV) has been engaged by infrastructure services provider Ventia to undertake water treatment services in Victoria. The Company will supply a Build Own Operate (BOO) temporary water treatment plant in Victoria to treat PFAS-contaminated surface water. The contract’s initial revenue value is approximately $2 million, which is anticipated to
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After zooming out and reviewing the Company’s strategic moves, wastewater solutions company Fluence (ASX: FLC) took a new approach to CY23, highlighting new products and strategic realignments. And the results seem to be returning a major thumbs up. Q4 CY23 marked Fluence’s strongest financial and operational quarter of the year. The quarter saw revenues of
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In 2020, water treatment company Phoslock Environmental Technologies (ASX: PET) came under the scanner for accounting irregularities and fraud in its China division. Subsequently, the Company’s financials suffered and it also lost some staff in China. Three years later, PET’s China management team has been restructured to reduce costs and focus resources on revenue-generating activity.
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“WTF” is not just our reaction to reports of dwindling freshwater supply worldwide. It’s also a solution when you realise that the abbreviation WTF (in the current context, at least) stands for Water Treatment Facility—one that water tech company Clean TeQ Water (ASX: CNQ) is about to install at Cleveland Bay Purification Plant in Townsville
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