2016 Annual Report
Melbourne, Mar 31, 2017 AEST (ABN Newswire) - The directors present their report for the consolidated entity consisting of Emefcy Group Limited (
ASX:EMC) (EMFGF:OTCMKTS) and the entities it controlled at the end of, or during, the year ended 31 December 2016. Throughout the report, the consolidated entity is referred to as the Group.
Principal activities
The Company's principal activities during the course of the financial year were:
- the research, development and commercialisation of innovative wastewater treatment systems incorporating Membrane Aerated Biofilm Reactor ("MABR") based wastewater treatment technology for use in decentralised settings;
- implementing the multi-faceted China strategy;
- implementing the US strategy based on an initial Recycle as a Service ("RaaS") development phase and appointment of regional manufacturing representatives;
- developing the larger scale SUBRE product ready for field testing; and
- progressing the Electrogenic Bio Reactor ("EBR") technology for potential use in certain industrial wastewater applications.
Aside from the global commercialisation of the MABR based wastewater treatment technologies and the commencement of activities to establish global manufacturing facilities in China, there were no other significant changes in the nature of the Company's principal activities during the financial year.
To view the full report, please visit:
http://abnnewswire.net/lnk/9043P7JP
About Fluence Corporation Ltd
Fluence Corporation (ASX:FLC) (OTCMKTS:EMFGF) is a leader in the decentralized water, wastewater and reuse treatment markets, with its Smart Products Solutions, including Aspiral, NIROBOX, NIROFLEX and SUBRE. Fluence offers an integrated range of services across the complete water cycle, from early stage evaluation, through design and delivery to ongoing support and optimization of water related assets, as well as Build Own Operate Transfer (BOOT) and other recurring revenue solutions. With established operations in North America, South America, the Middle East, Europe and China, Fluence has experience operating in over 70 countries worldwide and enables businesses and communities worldwide to maximize their water resources.
Further information can be found at https://www.fluencecorp.com/
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