Innovative Wastewater Treatment Technology Gaining Traction
Clean TeQ Water Limited (ASX: CNQ) has announced a significant contract award worth over AU$11 million. Partnering with Enva Ireland Limited, the contract involves designing and supplying a PHOSPHIX® Plant to treat industrial wastewater in Ireland. The advanced technology aims to address tightened environmental regulations across the European Union, offering an eco-friendly and efficient solution for phosphate removal.
Environmental Compliance Meets Sustainable Innovation
The PHOSPHIX® Plant will remove phosphates from wastewater to meet stringent environmental discharge standards, achieving levels below 1 mg/L P-PO4. Unlike traditional methods, it avoids liquid brine waste or large sludge volumes, generating a manageable solid by-product. With a high water recovery rate of ~99%, the solution ensures minimal liquid discharge, aligning with sustainable industry practices.
Strategic Partnership Strengthens Market Presence
Clean TeQ’s partnership with Enva, a leader in recycling and resource recovery, underscores the company’s growing influence in the European water treatment market. Enva’s New Business Development Director, Kieran Staunton, highlighted the collaboration as a milestone in delivering innovative solutions amidst evolving regulations.
Timeline and Execution Plan
The project includes a 56-week equipment delivery period followed by an 18-week installation phase managed by Enva’s end-user. Commissioning will take an additional 8 weeks. The seamless execution plan reflects Clean TeQ’s robust project management capabilities.
CEO Insights on Market Potential
Peter Voigt, CEO of Clean TeQ, expressed optimism about the adoption of PHOSPHIX® technology by leading industry players. Voigt emphasized the strategic importance of this partnership as a reference point for future opportunities, especially with increasing regulatory pressure across Europe.
Global Commitment to Sustainable Water Solutions
This contract exemplifies Clean TeQ’s expertise in addressing critical water and environmental challenges. With a presence in multiple global markets and a strategic shift towards long-term, annuity-driven projects, the company remains dedicated to sustainable and innovative water management.
