$OOIL MORE CONTRACT NEWS! Another Utility Selects
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Another Utility Selects Progressive Water Treatment for Upgrade and Expansion of Boiler Feedwater System
Los Angeles and Dallas – February 9, 2016 – OriginClear Inc. (OTC/QB: OOIL), a leading provider of water treatment solutions, today announced that its wholly-owned subsidiary, Dallas-based Progressive Water Treatment Inc. (PWT), was awarded a key contract, valued at about $700,000, for upgrading and expanding a large boiler feedwater treatment system at a power plant in the Northeast. In the upgrade, a modern ultrafiltration pretreatment system will feed both an existing and an expanded reverse osmosis system. This upgrade/expansion project will bring the existing plant from 400 to 800 GPM production.
For PWT, this is the second large project award so far this year. In January, Minnesota-based public utility, Xcel Energy (NYSE:XEL), awarded PWT a large-scale contract for a boiler feedwater treatment system.
“These contracts are becoming more common as utilities and process industries look to replace their aging water treatment systems.” stated Mike Jenkins, PWT’s Vice President of Sales. “In recent years, ultrafiltration has become much more economical, both from a capital and maintenance perspective. Because it can remove particles as small as a virus, ultrafiltration also provides a superior pretreated feed stream to downstream systems such as reverse osmosis and deionization systems.”
“We are pleased that our PWT division is helping to aggressively upgrade older water treatment systems,” said Riggs Eckelberry, OriginClear’s Chief Executive Officer. “In addition to lowering costs significantly, modernization helps to greatly reduce CO2 emissions, helping to combat climate change.”
The water treatment industry produces CO2 directly as an escaping gas and also through energy use. Close to 50 percent of the electricity-related emissions in wastewater management can be abated with plant modernization, according to a recent report.
“PWT is really demonstrating its ability to analyze the performance of existing treatment systems to come up with better solutions,” stated Bill Charneski, President of the OriginClear Group™. “That’s the kind of culture we are looking for as we attract water entrepreneurs to the OriginClear Group.”
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iHub NewsWire
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