Singaporean-Australian decentralised water and wastewater treatment company De.mem Ltd ended 2017 by winning additional contracts in Australia and is anticipating another successful year in 2018.
The contracts, worth approximately A$800 000, were awarded to De.mem subsidiary Akwa-Worx Pty Ltd in Queensland. De.mem acquired Akwa-Worx last September.
“We have been very pleased to see the momentum in our projects business,” said Andreas Kroell, CEO of De.mem. “The total value of major contracts awarded to De.mem from August to year end 2017 now stands at above A$2.5 million.”
Kroell believes that this momentum will carry over into 2018. “The outlook for 2018 is good,” said Kroell. “Along with these consistent wins we are continuing to develop the technology side of our business which includes our innovative nanofilter membranes.”
De.mem is hoping to leverage its recent contracts wins in Australia’s mining and construction industries into opportunities the company is exploring in China.
“De.mem is currently exploring ways of commercialising our nanofilter membrane for use in China,” said Kroell. “We see plenty of opportunities for our company at the moment, but China is something we will continue to work on this year. There is clearly a huge potential market there for us.”
Since June 2016, De.mem has held an exclusive worldwide licence from Singapre’s Nanyang Technological University (NTU) for the use of its breakthrough nanofilter membrane technology. In July 2017, De.mem set up a new factory in Singapore for the production of the nanofilter membrane and membrane modules. Last October, De.mem started the first pilot-scale water treatment plants in which the new membrane is used, in Singapore and Vietnam.