Modern Water's First Forward Osmosis Technology Sale in China

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Modern Water's First Forward Osmosis Technology Sale in China

Modern Water PLC has secured an order for its seawater desalination technology Forward Osmosis to China's Hangzhou Water Treatment Technology Development Center Co Ltd.

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As well as the new technology, Modern Water will provide extensive engineering knowledge to Hangzhou Water, to be used in a new seawater desalination plant with capacity to process 500 cubic metres of water a day, which will be built at the Shengsi Seawater Desalination Base on Sijiao Island.

The new plant is anticipated to be completed and commissioned by early 2018. Modern Water will receive licence fees and commissioning fees for supervising the plant in the short term, and will sell Hangzhou Water specialized equipment on a long term basis.

Modern Water Chief Executive Officer Simon Humphrey said: "The first sale of our Forward Osmosis desalination system in China, to an organization of Hangzhou Water's calibre, represents exciting progress for us. We believe it is proof that our revised strategy to license our membrane technologies to high-quality industrial partners in key geographies is paying off."

Read more: LSE

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