Gradiant Acquires WaterPark to Move Advanced Manufacturing Closer to Water Sustainability
Published on by Water Network Research, Official research team of The Water Network in Business
Gradiant Acquires WaterPark to Move Semiconductor and Advanced Manufacturing Closer to Water Sustainability
Adding solutions capabilities from Taiwan-based semiconductor and advanced manufacturing specialist allows cleantech water innovator to address high technology’s needs
BOSTON, July 15, 2022--(BUSINESS WIRE)--Gradiant, a global solutions provider and developer for cleantech water, today announced it has acquired WaterPark Environment Corp (WaterPark), a design and construction firm based in Taiwan that is focused in water technologies for advanced manufacturing in the high tech industries of semiconductor and microelectronics.
"This partnership will help semiconductor and other advanced industries achieve the purest water at the highest yield while meeting environmental discharge limits and recovering precious resources that would have otherwise been wasted."
The acquisition strengthens Gradiant’s portfolio of proprietary technologies and applications expertise in industrial water, specifically high-rate biological wastewater, advanced oxidation, and ultrapure water. Gradiant’s full range of technologies and end-to-end solutions will also become accessible to the leading manufacturers of Taiwan’s advanced industries that WaterPark serves. Existing semiconductor and microelectronics clients of the combined business include the world’s most established brands such as Global Foundries, Micron, Intel, TSMC, UMC, AUO, and Chimei.
"This partnership will help semiconductor and other advanced industries achieve the purest water at the highest yield while meeting environmental discharge limits and recovering precious resources that would have otherwise been wasted," said Prakash Govindan, COO of Gradiant. "For global industries under pressure from the supply chain shortage, climate change, and rising material costs, our technology innovations are essential to meet business needs for operational continuity, sustainability, and cost."
We are experiencing a prolonged global shortage of semiconductors that are required to control everything from automobiles to smartphones to appliances. As the semiconductor shortage persists, manufacturers face increasingly greater pressure to adopt sustainable and efficient practices in their water operations.
Taxonomy
- Sustainability
- Sustainability
- Sustainability Management
- Corporate Sustainability
- Sustainability