Modern Water expands in Middle East, Africa
Published on by Water Network Research, Official research team of The Water Network in Business
Modern Water's technology was set for new, widespread deployment across much of the water industry in the Middle East and Africa on Thursday, with the signing of a new agreement with Bilfinger Deutsche Babcock Middle East.
The AIM-traded water and waste-water treatment technology firm said the agreement was for the construction, maintenance, rehabilitation, operation and maintenance and life cycle services in a range of industries.
Modern Water said the agreement covered the joint development and commercialisation of its proprietary Forward Osmosis technology, in conjunction with "multi stage flash" (MSF) desalination plants across the Middle East and North Africa.
According to the company, the product offering would allow owners of MSF desalination plants to improve their performance and energy efficiency at existing plants and any new plants under development.
"Our new strategy is to focus on industrial applications of our cutting-edge proprietary water technologies, and this agreement with Bilfinger Deutsche Babcock Middle East is a significant endorsement of this new focus", said Modern Water CEO Simon Humphrey.
Source: DigitalLook
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