Energy Recovery Awarded $2 Million in Desalination Orders in 5 Countries
New Orders in
Project Overview
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A joint venture between two desalination leaders in
Spain , Elmasa Tecnología del Agua, S.A (ELMASA) andCANARAGUA , will be using Energy Recovery’s PX-Q300 devices for a desalination plant retrofit inSpain . The technology will replace Pelton turbines. -
Hyundai Engineering and Construction, a global engineering company
headquartered in
Seoul , will partner withAquatech International , a worldwide desalination leader based inPennsylvania , to use Energy Recovery’s PX-Q300 devices in a new offshore oilfield project nearAbu Dhabi . -
Veolia Environment SA , aParis -based transnational environmental services company, will use Energy Recovery’s AquaBold and AT-875 Turbocharger for a new plant in Sinai,Egypt . -
Protecno, based in
Italy , will use Energy Recovery’s PX Pressure Exchangers and booster pumps as their standard units in their SWRO plants, and will keep them in their stock for fast-track opportunities. -
Protecno will also use the PX Pressure Exchanger and booster pumps for
a new undisclosed plant location in
Italy . -
Hyorim Industries Inc. , an international manufacturer based inKorea , will use Energy Recovery’s PX Pressure Exchanger, Aquabold pumps, and circulation pumps for a new desalination plant inVietnam . WhileEnergy Recovery has partnered with Hyorim in the past, this will mark the first time the company has used PX Pressure Exchanger devices withEnergy Recovery pumps.
About
Energy Recovery (NASDAQ:ERII) develops award-winning solutions to
improve productivity, profitability, and energy efficiency within the
oil & gas, chemical, and water industries. Our products simplify complex
systems and protect vulnerable equipment. By recycling fluid pressure
that would otherwise be lost in critical processes, we save clients more
than $1.4 billion (USD) annually. Headquartered in the
Forward-Looking Statements
This press release contains forward-looking statements that reflect
management's current expectations, assumptions and estimates of future
performance and economic conditions including the timing of shipments.
Such statements are made in reliance upon the safe harbor provisions of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. The company cautions investors that any
forward-looking statements are subject to risks and uncertainties that
may cause actual results and future trends to differ materially from
those matters expressed in or implied by such forward-looking
statements. Statements about the expected shipment date of the
referenced products are forward-looking and involve risks and
uncertainties.
Media:
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Investors:
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