from Chart Industries earnings This is an example of how government regulations drive the market .
"For water treatment, PFAS restrictions are going into effect in the United States this year, and the United States Inflation Reduction Act (“IRA”) includes $4 billion in drought resilience and $550 million for domestic water program funding (USA). Outside of the U.S., we have won three water treatment orders in 2022 in India (each over $3.5 million), and there is a growing trend for global government partnering to accelerate water and sanitation projects. We see the IRA as a significant tailwind to all of our Specialty Products order activity, and this has continued in 2023."
New Hyannis Building Will Better Treat Water For PFAS
Hyannis, a village in Barnstable, MA, announces $12 million upgrade to its water treatment system. Image Credit: Cape Cod Today. A new $12 million water filtration building will be built for the Hyannis Water System. The facility will allow the system to meet stricter regulations for emerging contaminants like PFAS. Chairman of the Hyannis Water Board, Stephen O’Neil says, “It’s a new beginning for water treatment in this town.”
The facility will be built at the Maher Water Treatment Plant. It will be able to filter 1,500 gallons per minute, removing PFAS through activated carbon filtration. O’Neil says, “It is state of the art,” as it uses the latest technology for much of its piping and controls.
It is expected to be completed within 13 months, with hopes to finish earlier, according to Barnstable Public Works Director Daniel Santos. The project is financed through the Massachusetts Department of Environmental Protection’s State Revolving Fund Drinking Water Program. Spokesman for the state Department of Environmental Protection, Edmund Coletta, says, “MassDEP is pleased to see these funds supporting this important project in Hyannis, which will address the issue of contaminants impacting source water wells…”
The new building will make treatment of PFAS much more efficient, while also providing additional savings to the Hyannis Water System, which previously bought much of its water from Yarmouth due to contaminated well closures. The community looks forward to the completion of this project. Santos states, “There will be no PFAS in the system when it’s up and running.”