Vitality Restoration Publicizes Second Contract for the Extremely PX
SAN LEANDRO, Calif. – – Vitality Restoration (NASDAQ: ERII) at the moment introduced its second contract award for the Firm’s new Extremely PX(TM) vitality restoration system, which can assist the economic wastewater remedy operations of a pure gasoline plant within the Sichuan Province of China. Vitality Restoration beforehand introduced through the Firm’s Q3 2020 earnings convention name its first Extremely PX contract to assist the operations of a chemical producer in central India. That venture has shipped and is scheduled for commissioning by Q2 2021.
Vitality Restoration’s Extremely PX is designed to dramatically cut back the vitality wants, prices and environmental impacts related to treating industrial wastewater in Extremely Excessive-Strain Reverse Osmosis (“UHPRO”) purposes. The Extremely PX recovers as much as 60 p.c of wasted vitality when utilized to UHPRO techniques.
UHPRO is more and more used to attain Zero Liquid Discharge (“ZLD”) and Minimal Liquid Discharge (“MLD”) industrial wastewater remedy necessities, which search to get rid of or reduce wastewater discharge by purifying and recycling closely concentrated industrial waste fluids. Many governments – significantly in Asia – are targeted on enhancing water sustainability, mandating ZLD or MLD necessities for industrial wastewater remedy. Vitality Restoration’s Extremely PX can allow the accelerated adoption of UHPRO within the rising ZLD and MLD market because it develops globally and in Asia.
“As governments throughout the globe enhance their concentrate on water conservation and defending water high quality, they’re establishing extra stringent necessities for industrial wastewater remedy,” stated Robert Mao, Chairman of the Board, President and Chief Govt Officer of Vitality Restoration. “As the necessity for industrial wastewater remedy grows, the vitality effectivity of those operations is changing into more and more vital. With the Extremely PX, our core stress exchanger know-how is tackling water high quality and shortage points in a brand new means, whereas offering important price and vitality utilization reductions to our prospects on this thrilling new market.”
In conventional ZLD and MLD configurations, as much as fifty p.c of prices sometimes come from cost- and energy-intensive thermal remedies. ZLD and MLD techniques that undertake UHPRO can probably understand important price financial savings by decreasing the vitality depth of treating industrial waste fluids. Vitality Restoration’s Extremely PX enhances the effectivity and affordability of the UHPRO course of versus a UHPRO system with no vitality restoration system.
“Our know-how is well-positioned to handle the foremost ache factors within the industrial wastewater UHPRO area: vitality depth and environmental impacts. We’re assured our Extremely PX might help make UHPRO the popular remedy possibility to attain ZLD and MLD necessities, simply as our PX® Strain Exchanger® reworked the desalination trade by making Seawater Reverse Osmosis desalination an inexpensive and vitality environment friendly different to thermal desalination,” stated Rodney Clemente, Vitality Restoration’s Senior Vice President of Water. “We’re excited to use our trusted know-how to new markets that may dramatically profit from elevated vitality effectivity.”
The Extremely PX will be paired with Vitality Restoration’s new Extremely Excessive-Strain circulation pump for optimum system efficiency. Product particulars can be found on Vitality Restoration’s web site: http://www.energyrecovery.com/water/ultra-px/.
Ahead-Wanting Statements
Sure issues mentioned on this press launch are “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended, together with the Firm’s perception that the Extremely PX can allow the accelerated adoption of UHPRO within the ZLD and MLD market and that the Extremely PX might help make UHPRO the popular remedy possibility to attain ZLD and MLD necessities. These forward-looking statements are based mostly on data at the moment obtainable to us and on administration’s beliefs, assumptions, estimates, or projections and aren’t ensures of future occasions or outcomes. Potential dangers and uncertainties and some other components which will have been mentioned herein relating to the dangers and uncertainties of the Firm’s enterprise, and the dangers mentioned underneath “Danger Components” within the Firm’s Type 10-Okay filed with the U.S. Securities and Alternate Fee (“SEC”) for the yr ended December 31, 2019 in addition to different stories filed by the Firm with the SEC on occasion. As a result of such forward-looking statements contain dangers and uncertainties, the Firm’s precise outcomes might differ materially from the predictions in these forward-looking statements. All forward-looking statements are made as of at the moment, and the Firm assumes no obligation to replace such statements.
About Vitality Restoration
For greater than 20 years, Vitality Restoration, Inc. (NASDAQ: ERII) has created applied sciences that remedy advanced challenges in industrial fluid-flow markets. We design and manufacture options that cut back waste, enhance operational efficiencies, and decrease the manufacturing prices of unpolluted water and oil and gasoline. What started as a game-changing invention for water desalination has grown into a worldwide enterprise delivering options that allow extra inexpensive entry to those important assets. Headquartered within the San Francisco Bay Space, Vitality Restoration has manufacturing, analysis, and growth amenities throughout California and Texas. As well as, our worldwide gross sales and technical service group offers on-site assist for our line of water options. For extra data, please go to www.energyrecovery.com.
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