Secures Additional Aspiral Projects in China
Melbourne, June 12, 2018 AEST (ABN Newswire) - Fluence Corporation Limited (
ASX:FLC) (EMFGF:OTCMKTS) is pleased to announce that it has executed a tripartite framework agreement with the Yiyang City Government and local partner Hunan Aerospace Kaitian Environmental Technology Company Ltd., a subsidiary of Hunan Aerospace ('Kaitian') for the deployment of three Aspiral(TM) smart-packaged MABR-based units (formerly known as C-MABR).
- Tripartite Framework Agreement signed with Yiyang City Government and Hunan Aerospace Kaitian Environmental Group
- Two additional smart-packaged Aspiral(TM) units contracted
- AspiralTM units to be deployed in three districts in Yiyang City
Commenting on this latest milestone for Fluence, Managing Director & CEO Henry Charrabé said: "Securing this agreement so quickly after the sale of the first Aspiral(TM) unit with Kaitian in this province reinforces our China partner strategy. Obtaining the potential endorsement from the Yiyang City Government would be the next key milestone for our growth in China, opening the door for other provincial governments to adopt AspiralTM as the standard for rural wastewater treatment."
The AspiralTM units so far contracted under the tripartite framework agreement will be deployed across three districts in Yiyang City, the first of which is undergoing installation and will be operational in Xielingang Township, New High Tech District, by the end of July.
Aspiral(TM) units were chosen for their reliable achievement of efficient Class 1A discharge, as well as their low energy, maintenance and space requirements. Following successful deployment of the three sites, Fluence's Aspiral(TM) solution could be endorsed by the Yiyang City Government to help meet its future planning requirements in order to comply by 2020 with the Chinese Government's 13th five-year plan.
Yiyang city Deputy Mayor, Mr. Anbang Hu commented: "We are very pleased with the co-operation between our government, Fluence Corporation and Kaitian. We are looking forward to the success of this project implementation, and also the further study, co-operation and contribution to Chinese rural wastewater treatment from our agreement."
China Areospace Kaitian Environmental Technology Co., Ltd. Chairman, Mr. Weiwu Song, said: "We value the trilateral co-operation among Yiyang Government, Fluence Corporation and Kaitian. The success of the signing today is an excellent start to a blueprint of beautiful Chinese rural construction. It is no doubt that wastewater treatment is a key direction in which we can accomplish a lot. We shall take this opportunity to look forward to more, deeper and wider co-operation together with the government of Yiyang and Fluence in the future."
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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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