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Bullboard - Stock Discussion Forum H2O Innovation Ord Shs HEOFF

H2O Innovation Inc. is a Canada-based water solutions company, which is focused on providing technologies and services to its customers. The Company designs and provides custom-built, and integrated water treatment solutions based on membrane filtration technology for municipal, energy and natural resources end-users. The Company’s segments include Water Technologies & Services (WTS), Specialty... see more

OTCQX:HEOFF - Post Discussion

H2O Innovation Ord Shs > Israel , Saudi Arabia and UAE
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Post by Possibleidiot01 on Jun 08, 2023 9:36am

Israel , Saudi Arabia and UAE

Really important developments.
Israel is noted for their water technology .
As I have pointed out before Piedmont was among the best purchases the company ever made. Gensys is also mentioned in this release - another smart purchase.

"The Corporation has also achieved a significant breakthrough in the Israeli desalination market through the sale of its super-concentrated and dendrimer-based membrane antiscalant synthesized by Genesys-PWT. Furthermore, the team presented a compelling case study during the recent European Desalination Society (EDS) conference, showcasing the successful implementation of the antiscalant at a desalination plant in Israel.In the past fiscal year, nine new mega SWRO desalination plants started using this green chemistry product in countries like Israel, Singapore, Algeria, Qatar, and Argentina, representing 2,216,500 m 3 /day of seawater treated. With these new plants, a total of 3,307,500 m 3 /day are treated in large-scale SWRO plants using this technology, which represents a CO 2 emissions savings of 183 tons/year. Because this antiscalant is phosphate free and 11x more concentrated than conventional products, it has the lowest carbon footprint in the industry and lowest cost of freight and handling. This provides both ESG and economic benefits to the end customers.

These milestones are in keeping with H 2 O Innovation’s high double digit organic growth across its Piedmont, Genesys, and PWT brands over the past twelve months. The unification of these three brands in July 2022 aimed to leverage the synergies within its specialty chemicals, consumables, and components business line and to provide clients with sustainable solutions for pretreatment in desalination and reuse. “Such results give us confidence in our ability to leverage the strengths of our brands and to keep delivering innovative solutions. We have a global distribution network of over 100 distributors, several of whom now promote and sell the products from our three brands, which helps them not only to increase their business income, but also to better meet the evolving needs of our clients,” stated Frdric Dugr, President, Chief Executive Officer and Co-Founder of H 2 O Innovation.

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