Fluence Awarded Aspiral™ Wastewater Project in Yiyang City, China

Fluence Corporation Limited (ASX: FLC) announced today that it has secured a contract from the Yiyang City government for the deployment of an Aspiral™ L4 smart-packaged MABR-based solution (formerly known as C-MABR) for use in a municipal wastewater treatment plant. The plant will be located in Xielingang Township, Yiyang City, Hunan province, China.

This is the first contract won through Fluence’s new local partner Kaitian Environmental Technology Company Ltd. Kaitian Environmental Technology Company is based in Hunan Province and its parent company is Hunan AeroSpace Company Limited, a state-owned company. Fluence’s Aspiral™ L4 unit will treat 200 m3/d (50,000 GPD) and is scheduled to be commissioned as soon as July 2018. It is expected that this project will allow Fluence to leverage further opportunities through this partner in this region.

Commenting on another Aspiral™ award in China, Fluence Managing Director & CEO Henry Charrabé said: “I’m pleased to see yet another partner in Kaitian and the Yiyang City Government put their trust in Fluence and our Aspiral™ solutions. We continue to progress on our growth strategy in China with this sale of an Aspiral™ L4 in a new province and with a new partner. Considering the previous sale announced last month, it’s clear we are building momentum toward our goal of capturing a sizeable portion of the rural wastewater treatment opportunity in China. Together with our partners, we are focused on making Aspiral™ the standard for reliably achieving efficient Class 1A discharge.”

Commenting on its new partnership with Fluence, Kaitian Environmental Technology Company Executive Vice President, Mr Lan Bing Nan, noted: “Kaitian Environmental Technology Company Ltd. and Fluence have been working closely on the Yiyang City, Xielingang Township project of 200 m3/day, and we are confidently anticipating a successful implementation and continued future partnership.”

About Fluence Corporation Limited (ASX: FLC)

Fluence has experience operating in over 70 countries worldwide and employs more than 300 highly trained water professionals around the globe. The Company provides local, sustainable treatment and reuse solutions, while empowering businesses and communities worldwide to make the most of their water resources.

Fluence offers an integrated range of services across the complete water cycle, from early stage evaluation, through design and delivery to ongoing support and optimization of water related assets. With established operations in North America, South America, the Middle East and Europe, Fluence is also expanding into China’s rural wastewater treatment market.

Global consultancy Frost and Sullivan recently awarded Fluence Corporation “2018 Global Decentralized Water and Wastewater Treatment Company of the Year”, noting in their award dissertation:

“While typical decentralized water treatment systems are relatively expensive, complicated, and inefficient, Fluence Corporation leverages innovative and smart technology solutions backed by decades of industrial know-how to excel in water and wastewater treatment solutions. Fluence’s excellence becomes apparent through its success, as the company continues to expand its existing offerings as well as partnerships with other prominent companies in the industry. With its easy to use, sustainable, smart and cost-effective solutions as well as a remarkable year of growth, innovation, and leadership, Fluence Corporation earns Frost & Sullivan’s 2018 Global Company of the Year Award in the decentralized water and wastewater treatment industry.”

Further information can be found at https://www.fluencecorp.com/.

Contacts:

Corporate:
Henry Charrabé, +1 212-572-3766
Managing Director & CEO
hcharrabe@fluencecorp.com
or
Richard Irving (USA), +1 408-382-9790
Executive Chairman
rirving@fluencecorp.com
or
Ross Kennedy (Australia), +61 409 524 442
Company Secretary & Advisor to the Board
rkennedy@fluencecorp.com
or
Investors (Australia):
Market Eye
Ronn Bechler, +61 400 009 774
ronn.bechler@marketeye.com.au
or
Media (Australia):
Market Eye
Tristan Everett, +61 403 789 096
tristan.everett@marketeye.com.au
or
Investors & media (USA):
The Blueshirt Group
Gary Dvorchak, CFA, +1 323 240 5796 (US)
or
+86 138 1079 1480 (China)
gary@blueshirtgroup.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.