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Fluence Signs Deal for Six C-MABR Plants with Chinese partner - TechInvest Magazine Online

Written by Tech Invest | Dec 1, 2017 7:15:00 AM

Global leader in decentralised water and wastewater treatment solutions Fluence Corporation Limited (ASX: FLC) has inked its second multi-plant agreement with strategic partners in China.

Front, left to right: Mr. Hongfang Xie, General Manager of Jinzi Enterprise Group, Mr. Xiaodong Xie, Chairman of Jinzi Enterprise Group, Mr. Wong Jin Yong, General Manager of Fluence China, Mr. Ilan Wilf, VP Global Sales, Fluence Corporation. Rear, left to right: Mr. Feng Shi, Technical Engineer of Jinzi Enterprise Group, Mr. Yiliang Dong, Vice General Manager of Jinzi Enterprise Group, Mr. Richard Irving, Executive Chairman, Fluence Corporation, Mr. Henry Charrabé, Managing Director and CEO, Fluence Corporation.

The latest framework agreement is for delivery of six Smart Packaged wastewater treatment plants – based on its MABR technology (C-MABR) – to Jiangsu Jinzi Environmental Science and Technology Company, an integrated hi-tech company specialising in environmental management and ecological restoration.

Six wastewater plants – designed to deploy Containerised Smart Packaged MABR (C-MABR) technology ranging between 600 to 1,000 m3 /day – are expected to be delivered, installed at a multi-million-dollar project in Guizhou Province which is expected to be operational during 2018.

This is a landmark project that will see Fluence deliver multiple C-MABR plants with a key strategic partner in China,” said Fluence Managing Director and CEO Henry Charrabé.

“This is the outcome of a number of factors, which Fluence has worked on since we entered the Chinese market, including the signing of a distribution/deployment partnership in November 2016, the successful operation of our demonstration plants and our close collaboration with Jinzi. Jinzi is now our preferred partner for Guizhou Province and Changzhou City.”

Mr Charrabé said the multi-plant agreement was evidence its partners were ramping up deployment of its MABR treatment solutions and was further proof of its strategy to deploy Smart Packaged C-MABR systems in China.

“We remain focused on capitalising on the enormous market opportunity in China for Fluence MABR solutions. We intend to leverage our standardised MABR technology and global distribution footprint to offer compelling wastewater treatment solutions to markets around the world. Jinzi is a great partner to work with and is committed to the MABR technology and Fluence,” he added.

The Chinese Government’s 13th five-year plan targets improved water quality nationwide by 2030, and mandates that local city officials improve sewage capacity and treatment, from currently 10% of treated rural wastewater to 70% treated rural wastewater.

Fluence’s agreement with Jinzi is the latest in a string of strategic deployments of decentralised wastewater treatment units in collaboration with local Chinese authorities and companies.