Formed in 2010, Purestream designs and builds water treatment systems to treat produced and frac flow-back water for discharge and re-use in the oil and shale gas industry. Purestream has developed state of the art, vapour recompression brine concentration and desalination technology along with single cell induced-gas flotation (IGF) systems for water reuse.
John Swire and Sons Inc is a subsidiary of the UK’s John Swire & Sons Ltd, a highly diversified global group. Through its subsidiary Swire Oilfield Services Inc, Swire provides a wide range of support services to the US oil industry, both onshore and offshore.
Under the agreement, Andy Hunter, chairman of Swire Water Solutions, will join the Purestream board.
“This agreement comes at a great time for Purestream as we will benefit from Swire’s US and international presence and expertise in the onshore market, enabling us to better meet the needs of our customers as we deploy and operate new contracted systems in 2015. The partnership will also enable us to tap into Swire’s customer base, increasing our reach in the US market,” said Neil Richardson, CEO of Purestream.
