Fluence Leading the Way in Growing Niche Market (Opinion)

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Fluence Leading the Way in Growing Niche Market (Opinion)

In a world where there is an increasing focus on establishing a reliable supply of healthy water, Fluence Corporation Ltd is having outstanding success.

Fluence has a strong stable of proprietary products which are used in the treatment of decentralized water, wastewater and reusable water, writes  Trevor Hoey for FinFeed.

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The company’s products and services are well sought after, and as recently as yesterday the group was awarded a sizeable contract by the federal government of Ivory Coast for the supply of a 150,000 cubic metre per day surface water treatment plant.

This project valued at €165 million will provide potable water to Abidjan, the country’s largest city with a population of 4.7 million.

The scope of work under the contract includes water intake, water treatment, bulk water piping, water towers, and infrastructure.

The plant will include cutting-edge integration of proven technologies, including smart intake, various separation and membrane systems, advanced oxidation, biological filtration, and sludge treatment.

The advanced multiple barrier designs (ensuring water quality according to World Health Organisation standards) is an environmentally sound water treatment process that allows the flexibility to optimize operating costs in various feed qualities.

The design combines Fluence’s suite of water treatment technologies and demonstrates the company’s expertise in areas of water biology, chemistry and its range of treatment processes.

Such is the adaptability of Fluence’s technology that the end-product will be produced by treating water from Lagune Aghien, Ivory Coast’s largest freshwater reserve near Abidjan, which is dense with algae and other contaminants.

In relative terms, the size of this contract (US$187 million) is an extremely important development for the group considering the company’s full-year revenues for the 12 months to December 31, 2018, were US$105.6 million.

The contract is expected to generate revenues of US$20 million in 2019 and US$80 million in revenue in 2020, with the remainder in 2021.

To learn more on this topic, read the entire report by Trevor Hoey on FinFeed .

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