- Production Line Built, Tested and Completed in Israel
- Will Now Be Shipped to Changzhou China Factory for Installation
- Changzhou manufacturing to commence by the end of third Quarter
The equipment is expected to arrive in Changzhou in early August. Installation and testing should be rapid, with the new production line expected to commence operation on schedule by the end of the third calendar quarter of 2017 and to be capable of producing high volume during the fourth quarter. The planned capacity of the production line is 7,500 MABR modules annually, which corresponds to approximately US$75 million (A$100 million) in annual sales.
The new high-speed production line can produce MABR modules six times faster than the Company's first-generation line currently operating in Israel. The production line is equipped with a dual language (Chinese/English) control interface and whose flexible design can easily accommodate variable module width and diameter, enabling the production of next-generation MABR products, including SUBRE. The flexible design also accommodates different types of membranes and other future technology improvements. The line features remote connectivity, so that it can be controlled and serviced from Israel.
Mr. Richard Irving, Chairman of Emefcy, commented, "Successful testing in Israel of the Changzhou production line marks an important milestone for us, because this first manufacturing facility in China is anticipated to enable us to supply cost-optimized MABR products both to the China market and globally. Due to demand created by the wastewater treatment mandate in the most recent Five Year Plan, we are rapidly building a pipeline of distribution partners and leads for potential project sales. The ability to fulfil demand through local production is paramount, because it keeps our costs competitive and enables us to turn around orders far more quickly. We look forward to getting the factory up and running in the next couple months, in time to meet anticipated demand."
About Fluence Corporation Ltd
Fluence Corporation’s (ASX:FLC) (OTCMKTS:EMFGF) vision is to become a leading global provider of fast-to-deploy decentralized and packaged water and wastewater treatment solutions, a market estimated to grow to US$22B by 2021*. Fluence has experience operating in over 70 countries worldwide and employs more than 300 highly trained water professionals around the globe. The Company provides local, sustainable treatment and reuse solutions while empowering businesses and communities worldwide to make the most of their water resources.
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. With core operations in North America, South America, the Middle East and Europe, one of Fluence’s main focuses will be expanding into the vast market in China for rural wastewater treatment.
* Sources: MarketandMarkets Analysis, Global Water Intelligence, company estimates
For more information please visit our website: http://www.fluencecorp.com
Fluence Corporation Ltd