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MOU with Zhejiang Tiandi Brings Access to a Potential Market of 100,000 MABR Modules

Emefcy Group Limited (ASX:EMC) (OTCMKTS:EMFGF), a global leader in energy-efficient wastewater treatment solutions, today announced it entered a Memorandum of Understanding ("MOU") with Zhejiang Tiandi Environmental Protection Technology Co., Ltd ("Zhejiang Tiandi") to develop a commercial wastewater treatment plant in Zhejiang Province over the next 90 days and deploy shortly thereafter. The plant is anticipated to be the first of many in a long-term cooperation agreement between the two companies. Over the longer term, Emefcy believes the potential market demand for MABR based solutions in Zhejiang province alone is up to USD $1 billion.

The initial plant is expected to have a treatment capacity range of up to 500,000 liters per day.

Richard Irving, Chairman of Emefcy, commented: "We are excited to partner with Zhejiang Tiandi to build our first commercial deployment in China. Our breakthrough technology will enable them to achieve their growth goals, benefiting both companies. Together, we believe we can achieve great success in fulfilling the high demand in rural China for cost-effective wastewater treatment solutions. This partnership is an important step for us to capitalize on the enormous market opportunity in China."

Ilan Wilf, VP Sales noted: "Reliable operation of our Wuxi wastewater pilot plant has become an important local reference for our Chinese channel partners. Furthermore, the recent approval of our USVI commercial plant by the US Environmental Protection Agency brings further confidence to our partners that our flagship MABR product is ready for commercial deployment in China."

A spokesperson for Tiandi commented: "We are excited to have teamed up with Emefcy to deploy this innovative and highly efficient MABR-based wastewater treatment system, both in Zhejiang Province specifically and additional Provinces in the future. Zhejiang Tiandi is an innovative company which strives to be in the forefront of delivering the best technology and most cost effective system solutions to its clients. Partnering with Emefcy leverages the strengths and capabilities of both companies to address the rural wastewater market today and to bring new solutions for the upgrade of existing wastewater plants in the future. The first commercial project of the two companies is expected to be deployed before the end of the year in Zhejiang Province."

Update on Other China Deployments

Demonstration plants for each of Jinzi, CGGC (SHA:600068) and Sinorichen are scheduled to be deployed between June and August this year, with two other demonstration units currently in production.

In view of the number of demonstration units currently operating and planned to be deployed in China, the Company will shift its focus from establishing demonstration units to conditional sales of commercial scale systems.

About Zhejiang Tiandi

Founded in 2002, Zhejiang Tiandi is an environmental protection company within Zhejiang Provincial Energy Group; estimated to be one of the six largest Provincial energy groups in China. Zhejiang Tiandi is diversifying its environmental operations to include wastewater treatment, especially in rural areas. The company now owns and operates several large treatment plants in the province.


About Fluence Corporation Ltd

Fluence Corporation (ASX:FLC) (OTCMKTS:EMFGF) 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 established operations in North America, South America, the Middle East and Europe, Fluence is also expanding into China's rural wastewater treatment market.

Global consultancy Frost and Sullivan recently awarded Fluence Corporation "2018 Global Decentralized Water and Wastewater Treatment Company of the Year", noting in their award dissertation:

"While typical decentralized water treatment systems are relatively expensive, complicated, and inefficient, Fluence Corporation leverages innovative and smart technology solutions backed by decades of industrial know-how to excel in water and wastewater treatment solutions. Fluence's excellence becomes apparent through its success, as the company continues to expand its existing offerings as well as partnerships with other prominent companies in the industry. With its easy to use, sustainable, smart and cost-effective solutions as well as a remarkable year of growth, innovation, and leadership, Fluence Corporation earns Frost & Sullivan's 2018 Global Company of the Year Award in the decentralized water and wastewater treatment industry."

Further information can be found at http://www.fluencecorp.com/

    

Contact

USA
Richard Irving
Executive Chairman
E: richard@emefcygroup.com
T: +1-408-382-9790

Israel
Eytan Levy
Managing Director & CEO
E: eytan@emefcygroup.com
T: +972-4-6277555

Australia
Ross Kennedy
Company Secretary and Advisor to the Board
E: rossk@emefcygroup.com
T: +61-409-524-442



Link: EMC Announces Planned First Commercial Deployment in China



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