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De.mem lands $550,000 Queensland contract - TechInvest Magazine Online

Written by Tech Invest | Nov 23, 2017 8:19:52 AM

Water and waste water treatment company De.mem (ASX:DEM) has secured an $550,000 contract worth approximately A$550,000 for the installation of two water treatment systems in Queensland.

The project has been awarded to the Company’s 100%-owned subsidiary Akwa-Worx Pty Ltd and De.mem’s scope of work includes the delivery and installation of the water treatment systems which will provide clean water to St Hilliers Property Pty Ltd’s $6 million Shoalwater Bay Training Area Vehicle Wash Point Facility project in Northern Queensland.

De.mem CEO, Andreas Kroell, said one of the systems will use Reverse Osmosis membranes (RO) as the main process step and the other will be based on a technology called Dissolved Air Floatation (DAF).

He said the systems will incorporate De.mem group’s advanced automation technologies.

The project scope also includes a minor service component for operations and maintenance of the systems over a period of 12 months from handover.

Mr Kroell said rhis contract award brings the total contracts awarded to De.mem in the last four months to more than $1.6 million.

De.mem secured an $500,000 contract for the sale of a water treatment plant in Vietnam in August 2017 and $550,000 of new contracts in Queensland following the company’s acquisition of Akwa-Worx in September 2017.

The project award once again underlines the leading position of our 100%-owned subsidiary Akwa-Worx in Queensland. Furthermore, the delivery of this membrane-based water treatment system highlights our group’s technological excellence in the membrane space,” Mr Kroell said.