Orege signs a new deal to sell its SLG ® solution to Two Rivers Water Reclamation Authority
Voisins-le-Bretonneux, 9 May 2018, 8:30am - Orege announces that it has signed a contract to sell an SLG ® solution to Two Rivers Water Reclamation Authority (TRWRA) for around $260k.
TRWRA is one of the largest municipal wastewater treatment plants in New Jersey. Based in Monmouth Beach, at the heart of a residential community that is very sensitive to environmental issues, it collects and treats wastewater from six neighboring towns, covering the equivalent of 100,000 inhabitants, and has previously demonstrated its commitment to clean technologies making it possible to save natural resources.
Michael Gianforte, TRWRA Executive Director:
"We have chosen to implement the SLG ® solution for its outstanding performance capabilities, enabling us to reduce our sludge transport costs. These costs represent a major expense for us and we had been looking for a suitable solution to reduce them for a long time. The SLG ® solution is perfectly aligned with our environmentally responsible approach, giving us more effective control over the risks associated with the conditioning of our sludge. We expect this project to deliver a return on investment within four years".
The SLG ® solution will be rolled out on-site during the summer.
This contract will further strengthen Orege's presence in New Jersey, where the Company already supports several operators with sludge conditioning. Faced with the same financial and environmental challenges as TRWRA, a number of other municipalities across the region have already expressed an interest in deploying the SLG ® solution.
This new contract also confirms the outstanding potential for developing SLG ® solutions in the US.
About SLG ® :
SLG ® (solid, liquid, gas) is an innovative sludge conditioning treatment technology. It offers a cost-effective and high-performance solution for industrial firms, operators and municipalities by significantly reducing sludge volume and promoting sludge recovery by changing its physical, chemical and rheological characteristics.
Fully aligned with new regulatory and environmental requirements, the patented SLG ® technology has received several international awards, including 2016 Breakthrough Technology of the Year at the Global Water Intelligence Awards and Most Innovative Technology at Birmingham Utility Week in 2017.
About Orege
Orege is an international cleantech firm specialized in the development, manufacturing and marketing of treatment solutions for municipal and industrial sludge and complex effluents. With bases in France, the US and the UK, Orege supports its clients in a dozen countries around the world.
Orege has been listed on the regulated market Euronext - Paris since 5 July 2013. ISIN: FR0010609206 - OREGE www.orege.com
Contacts
| OREGE Investor Relations & Financial Information communication@orege.com | CALYPTUS Cyril Combe tel: +33 (0)1 53 65 68 68 orege@calyptus.net |
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