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DEM wins $2.8 million Desalination Project

Energy
ASX:DEM      MCAP $30.31M
09 April 2019 23:54 (AEST)

De.mem has secured a $2.8 million order for the delivery of a desalination plant in Queensland.

De.mem is a Singaporean-Australian, decentralised waste-water treatment business which designs, owns and operates water and waste-water treatment systems for its clients.

De.mem holds a significant presence in Australia for building high-quality Australian-made treatment systems. 

The desalination plant is based on a Sea Water Reverse Osmosis process, and includes Reverse Osmosis membranes for the removal of salt and Ultrafiltration membrane a pre-treatment to purify water.

The system includes a remineralisation package and several upgrades to the current infrastructure which will transform the SWRO process.

“Milestone project for De.mem and supports the positive outlook for CY 2019,” CEO Andreas Kroell said. 

He continued explaining the technical expertise needed in order to construct an upscale desalination plant. 

The A$2.8m order is effective immediately with the customer being Mulpha. Mulpha is a leading international infrastructure investor based in Malaysia but has numerous operations in Australia. The project is expected to be completed by the end of 2019.

Andreas Kroell is keen to “strengthen our presence in the Australian water treatment market underpinned by market-leading technology.” De.mem is confident in retaining new orders and contract renewals. 

Please find the announcement attached

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