Vancouver-headquartered Saltworks Technologies designs, manufactures and assembles systems for desalination, brine management and chemical recovery applications, including patented ElectroChem and SaltMaker technologies, conventional reverse osmosis and hybrid systems. Saltworks Technologies also provides engineering services, pilot rentals, equipment sales, turn-key delivery of build-own-operate plants, and operating and maintenance solutions.
With its investment, ConocoPhillips is Saltworks’ third major industrial shareholder, along with Canada’s Teck Resources Ltd and Cenovus Energy Inc.
“Through their investments, ConocoPhillips, Teck and Cenovus have demonstrated their interest in Saltworks’ products and technologies. Our products align well with the needs of resource and energy companies, and are designed ground-up for safe and reliable operation in severe environments, providing maximum recovery at a low cost, and modularity for ease of service and dispatch,” said Saltworks CEO Ben Sparrow.