Axine Water Technologies Recognized as Fastest Growing Cleantech Leader

Axine Water Technologies Recognized as "Ready to Rocket" Among Fastest Growing Cleantech Leaders

Axine Water Technologies, a company transforming industrial wastewater treatment, has been named a leader on the 2016 Ready to Rocket Cleantech list. Axine Water is among the cleantech companies that are best positioned to capitalize on the technology sector trends that will lead to faster growth than their peers, according to Rocket Builders, a respected management consulting firm servicing the technology industry.

"The cleantech sector in British Columbia is very strong, and the companies on the list have overcome significant commercialization hurdles to become well established," according to Dave Thomas, Senior Partner at Rocket Builders. "These companies benefitted from acquiring key industry partnerships to establish great channels to market. Growth rates are better than any other region in North America."

"After much research into the trends driving growth in the clean technology sector, it became clear that Axine Water is well positioned to capitalize on these trends," said Geoffrey Hansen, Managing Partner, Rocket Builders.

Jonathan Rhone, President & CEO of Axine Water, says industry generates billions of gallons of toxic wastewater that are increasingly complex, expensive and difficult to treat, create production bottlenecks, and subject to increasing regulation. Conventional wastewater technologies are often unable to accept high concentrations of ammonia or organics, leaving industry to truck their wastewater off-site to be landfilled, incinerated or injected into wells at significant cost and risk.

"Axine is working with customers in the chemical, electronics and pharmaceutical industries to reduce costs and risks by eliminating trucking and disposal of wastewater off-site and ensuring regulatory compliance," Rhone says. "With industry's water demand at nearly a quarter of global water use today and growing, there has never been a greater need for a solution like our breakthrough technology."

Jeff Guild, VP at Bluetech Research, a global provider of water technology market intelligence, says "there is substantial market demand across multiple industries for innovative solutions that can treat challenging and costly high concentrations of toxic organics in wastewater."

Axine is launching into field pilots in 2016 with customers in chemicals, electronics and pharmaceuticals and anticipates its first commercial systems in 2017.

Source: Yahoo

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Taxonomy

• Treatment
• Technology
• Water & Wastewater