MELBOURNE, Australia, Nov. 10, 2021 (GLOBE NEWSWIRE) — Clear TeQ Water lately launched its first quarterly report since publicly itemizing on the Australian Securities Change. It at present has 5 tasks underneath development with a contract worth of A$13 million. Within the final quarter alone, Clear TeQ Water added A$5 million in new contracts together with a bore water recycling resolution with NASDAQ listed Nationwide Vitality Companies Reunited Corp for an Oil and Fuel multinational, and a brine remedy contract with a number one agricultural by-product processing facility.
Every of the 5 tasks underneath implementation depend on Clear TeQ Water’s distinctive portfolio of improvements particularly developed to deal with current water remedy challenges. A significant current drawback within the water sector is that water filtration usually results in secondary air pollution within the type of extremely concentrated saline brine. These brines are sometimes too polluted for launch to the surroundings, whereas evaporation ponds are sometimes ineffective or prohibited, and additional remedy might be complicated and dear. A second main international problem is the efficient elimination of traces of micro-pollutants, together with vitamins and chronic organics (the so-called ‘ceaselessly chemical substances’). A 3rd main normal problem for the water sector is the excessive power price and ensuing carbon footprint of current membranes and evaporation processes.
Clean TeQ Water‘s potential to deal with the above challenges has resulted in substantial curiosity from potential clients from the world over. Clear TeQ Water is actively engaged on the institution of demonstration websites and partnerships in core sectors and geographies to drive future progress and permit Clear TeQ Water to seize a share of this multibillion-dollar market.
The contracts signed previously quarter present how Clear TeQ Water’s options can assist clients enhance the effectivity of water remedy as every venture will considerably cut back the carbon footprint per sq. meter of water produced, whereas decreasing secondary waste by the recycling of the saline by-product.
Clear TeQ Water is at present additionally engaged on a brand new graphene membrane technology that guarantees to take away micropollutants at considerably lowered power price and with much less brine manufacturing.
Clear TeQ Water’s place as a number one innovator was lately confirmed by successful the celebrated high prize on the IChemE World Awards, Excellent Achievement in Chemical and Course of Engineering, for its BIONEX™ nitrate sprucing and destruction resolution.
DESALX water remedy plant put in to take away hardness and sulfate from mining wastewater.
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