Fluence Corporation scoops third water treatment deal in China’s Guizhou Province
Wastewater treatment specialist Fluence Corporation (ASX: FLC) is continuing to grow its dominance in China, announcing a third contract in the Guizhou Province.
The company today revealed it had secured a deal by Jiangsu Jinzi Environment Company (Jinzi) to provide its Aspiral smart-packaged MABR units for a 1000 cubic metre per day wastewater treatment plant in Guizhou’s Zhenfeng County.
This is the third contract Jinzi has awarded Fluence, following November 2017 and March 2018 orders. Overall, these deals cover eight projects and a total wastewater treatment capacity of 7900 cubic metres per day.
Under the latest contract, four Aspiral L5 units will be deployed to treat wastewater for the rural town of Baiceng.
According to Fluence, the treatment plant will be commissioned and operational within the 2018 calendar year to comply with China’s current five-year plan targets.
The country’s current 13th five-year plan specifies the treatment of wastewater in rural areas must increase from an initial level of 10% in 2016 to 70% by the end of 2020.
MABR technology
Fluence’s wastewater treatment solution is based on self-respiring membrane aerated biofilm reactor (MABR) technology, which it claims “slash energy costs for aeration by up to 90%” and “makes decentralised treatment more feasible”.
According to the company, Jinzi awarded this latest contract due in part to its confidence in the MABR technology.
“Through the cooperation with Fluence on the Zhenfeng Educational Park project, we have seen the benefits of Fluence’s MABR technology and the Aspiral containerised solution,” Jinzi managing director Xie Xiaodong said.
Fluence chief executive Henry Charrabe said the company was encouraged by its strong partnership with Jinzi and expected “more success together in the future”.
“Through earlier installations, [Jinzi] have seen firsthand that our MABR technology consistently delivers the desired results,” Charrabe said.
Last month, Fluence had announced the signing of a tripartite framework agreement with China’s Yiyang City Government and local partner Hunan Aerospace Kaitan Environmental Technology Company to deliver three Aspiral units.
It also inked a deal with ArcelorMittal, the world’s largest crude steel producer, to design and build a wastewater treatment system at its steel mill in Belgium.
The company has also been awarded contracts in Argentina, the Philippines, Mexico and the United States.
Fluence shares were up 1.28% to A$0.005 on the latest contract win by afternoon trade.