The Market Herald - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

De.mem has secured a $2.8 million order for the delivery of a desalination plant in Queensland.

De.mem is a Singaporean-Australian, decentralised waste-water treatment business which designs, owns and operates water and waste-water treatment systems for its clients.

De.mem holds a significant presence in Australia for building high-quality Australian-made treatment systems. 

The desalination plant is based on a Sea Water Reverse Osmosis process, and includes Reverse Osmosis membranes for the removal of salt and Ultrafiltration membrane a pre-treatment to purify water.

The system includes a remineralisation package and several upgrades to the current infrastructure which will transform the SWRO process.

“Milestone project for De.mem and supports the positive outlook for CY 2019,” CEO Andreas Kroell said. 

He continued explaining the technical expertise needed in order to construct an upscale desalination plant. 

The A$2.8m order is effective immediately with the customer being Mulpha. Mulpha is a leading international infrastructure investor based in Malaysia but has numerous operations in Australia. The project is expected to be completed by the end of 2019.

Andreas Kroell is keen to “strengthen our presence in the Australian water treatment market underpinned by market-leading technology.” De.mem is confident in retaining new orders and contract renewals. 

Please find the announcement attached

DEM by the numbers
More From The Market Herald

Invictus Energy locks in rig on-site Zimbabwe acreage for 2 years

Invictus Energy (IVZ) shares are up 3 per cent in the first half hour of trades…

Microcap Byron Energy clocks 2Kbbl/d from Gulf of Mexico offshore platform

Byron Energy's (BYE) share price has seen decent gains on Tuesday with news production from Gulf…

Strike Energy mints WA gas sale agreements with South32, AGL

Strike Energy (ASX:STX) will become a domestic WA gas supplier to South32 and AGL via new…

Elixir Energy reports progress in Daydream-2 well drilling at Grandis gas project, QLD

Elixir Energy (ASX:EXR) has released an update on the progress of drilling at the Daydream-2 appraisal…