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Envirosuite signs deal with Chinese company

Environment
ASX:EVS      MCAP $67.20M
23 October 2019 01:33 (AEST)

Envirosuite has signed its first strategic cooperation agreement in China with Beijing BHZQ Environmental Technologies.

The companies will jointly and actively promote environmental management using Envirosuite’s platform to provide a market leading solution for the waste and water sector.

The aim is to improve operational, environmental and community outcomes in China and globally.

“The relationship with BHZQ provides a strong commercial case to extend our industry offering much deeper into the operations of our clients,” Envirosuite CEO Peter White said.

“This is where we see Envirosuite extending the value proposition from an environmental management solution to a core operational offering that offers a material and measurable ROI,” Peter continued.

Under the agreement, Envirosuite will be BHZQ’s preferred provider for monitoring, treatment and management of odour, air and noise, incident source identification and complaint management, risk management, and corrosion in collection and sewage systems.

“BHZQ is one of the most prominent innovative suppliers of solutions in the Environmental Protection sector and we manage a broad base of projects in which Envirosuite can participate,” BHZQ General Manager Zhigang Zhang said.

Together, the environmental technology companies will deliver existing projects and secure new ones to improve environmental outcomes across the utilities, mining, smart cities, heavy industry and industrial parks sectors.

Envirosuite’s shares are up 7.69 per cent, with shares trading at 35 cents apiece as at 1:52 pm AEDT.

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