Fluence announces $US$8 in new contract wins since January 1
Melbourne, Mar 6, 2018 AEST (ABN Newswire) - Fluence Corporation Limited (
ASX:FLC) (EMFGF:OTCMKTS) is pleased to announce that it has delivered US$8 million in new contract wins calendar year-to-date including the three NIROBOX(TM) orders announced on 1 March 2018. The new contracts were across the Company's growing global footprint, and further strengthened Fluence's market position in designated industries and geographies.
- Repeat orders received from customers in Italy and the USA
- Expansion of existing system for customer in Argentina
- Order received from Brazil's largest national pharmaceutical group
Commenting on Fluence's start to 2018, Managing Director & CEO Henry Charrabé said: "We are encouraged by the start of 2018, with US$8 million in new contracts written over the past eight weeks. The diversity of project sizes, scopes, industries and geographies speak to Fluence's role as a solutions provider for the complete water cycle across the globe. The mix of new and repeat customers reflects the quality of our products and services, and our focus in being a true partner to our customers."
The following new contracts outlined in this release, in addition to the new NIROBOX(TM) contracts (announced on 1 March 2018), are the major contracts within the US$8 million in new contracts secured by Fluence so far this year.
An important repeat customer in the agro-industry has once again entrusted Fluence Italy with the task of designing and implementing an upgrade and expansion of their aerobic treatment line. This is the twelfth project that Fluence Italy has won from this client since 2006, reflecting the reduction of costs achieved with Fluence's technologies and expansion of capacities for the client. Discussions are already on going with this client as they plan their next project with Fluence, to be implemented in 2019.
Fluence Argentina will design and deliver to Aguas Bonaerenses, S.A., among the largest municipal utilities in Buenos Aires, a reverse osmosis (RO) system as an expansion of 3,000 m3/day to their existing installation, with added filtration and treatment systems to aid in arsenic removal (a prevalent health issue in the area).
Fluence Brazil will design and deliver a turn-key wastewater treatment plant for industrial process reuse to Brazil's largest national pharmaceutical group. This group selected Fluence to provide this solution, utilising RO, ultra-filtration and MBBR, among other technologies, to supply 7.5 m3/hour of process water to their operation in Sao Paulo due to its recognised mastery of the technologies and practices relating to this application.
Another repeat customer, a renowned food and beverage industry client, has entrusted Fluence USA's equipment to upgrade their aeration process for an additional two lagoons, following last year's order which introduced them to Fluence's best-in-class Tornado Surface Aspirating Aerator/Mixer. The highly reliable nature of the equipment and service provided by Fluence enables this client to comply with local regulations in an efficient and cost-effective manner.
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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