- De.mem (DEM) is set to supply a $2.6 million seawater desalination plant to which will convert seawater into high-quality treated water
- Under the contract, signed with Sundrop farms, De.mem will design, manufacture and commission a membrane-based water treatment plant
- The solution provided by De.mem combines different treatment steps, including ultrafiltration and reverse osmosis membranes into an automated system
- De.mem CEO Andreas Kroell said the contract was a key opportunity for the company
- Shares in De.mem closed grey at 24 cents
De.mem (DEM) is set to supply a $2.6 million seawater desalination plant which will convert seawater into high-quality treated water.
Under the contract, signed with Sundrop farms, De.mem will design, manufacture and commission a membrane-based water treatment plant.
Sundrop prides itself on sustainable agriculture — growing fresh fruits and vegetables using renewable inputs — in Port Augusta in South Australia.
The solution provided by De.mem combines different treatment steps, including ultrafiltration and reverse osmosis membranes into an automated system, which will be manufactured at the company’s Brisbane site.
The Australian-Singaporean water and wastewater treatment company’s plants produce high-quality water above the Australian drinking water standards.
De.mem CEO Andreas Kroell said it was a key opportunity for the company.
“With this project, De.mem further establishes itself as a supplier of decentralized seawater desalination systems for customers which have strict quality requirements,” he said.
“This is a substantial business opportunity for our company given that seawater desalination is considered one of the key growth segments within the water treatment industry,” Andreas continued.
“Furthermore, we are very pleased to see our company strengthen its position as a supplier into Australia’s food and beverage and agricultural sectors, which has been one of our key objectives for the ongoing calendar year,” he concluded.
While the project is underway, most of the revenue will reach the company next year.
Shares in De.mem closed grey for 24 cents.