Have been out for awhile but this is an excellent NR. Waited for it to check back today then jumped back in. GLTA
08:40 AM EDT, 06/08/2023 (MT Newswires) -- H2O Innovation Inc. (HEO.TO), a water solutions company, on Thursday said it has received two large coupling orders and that it is experiencing a breakthrough in the Israeli desalination market.
Piedmont, an H2O Innovation subsidiary, recently received two large coupling orders for two 600,000 m3/day seawater reverse osmosis (SWRO) desalination plants. The first plant is in Saudi Arabia, and the second in the United Arab Emirates. Each order is comprised of 25,000 couplings and endcaps made from super duplex, duplex, and stainless steel 316L materials.
H2O also achieved a breakthrough in the Israeli desalination market through the sale of its super-concentrated and dendrimer-based membrane antiscalant synthesized by Genesys-PWT. According to the company, its 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 have started using this green chemistry product in countries like Israel, Singapore, Algeria, Qatar, and Argentina. The 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, the company said.
"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," said Frederic Dugre, President, CEO and Co-Founder of H2O Innovation.