Monday, August 25, 2008

AqWise to supply technology to wastewater treatment facility in Israel

Israeli wastewater treatment company AqWise - Wise Water Technologies Ltd. will integrate its AGAR® technology into a major wastewater treatment facility to be built in the Golan Heights.

Situated near Kibbutz Meitzar, the new wastewater treatment plant is designed to serve 13 rural communities, many of them with special farming and live-stock enterprises, requiring treatment capacity for highly polluted wastewater.

According to a company press release, the AqWise solution will enable the new plant to effectively address the challenge of inflow peaks, associated with regional conditions, and allow gradual project scalability so as to adapt wastewater treatment capacities to the anticipated regional growth.

AqWise reportedly beat out other companies from Scandinavia and the United States that are developing similar biofilm process technologies to treat wastewater.

AqWise CEO Elad Frenkel said, "What is singularly important here is the fact that AqWise's technology enables the facility to be built with a certain capacity now, in response to existing needs, and then upgraded at a later stage without having to carry out further engineering work. The facility will have an initial capacity of 2,500 cubic meters of treated water a day, and this will be increased to 5,000 cubic meters of treated water a day, as required."

AqWise marketing manager Ud Shani added, "This project is important, not just technologically and environmentally, but also politically. Until now, the Jordan River was exposed to contamination through sewage, and this brought us and the Jordanians to the brink of a crisis. The new facility will solve this problem."

Following a secondary transaction in January that valued the AqWise at $10 million, Mexican mining conglomerate Altos Hornos de Mexico SA de CV, owns 55% of the company, Elron Electronic Industries Ltd. owns 34%, and Israel Cleantech Ventures owns 11%.

Last year, "The Cleantech Revolution" named AqWise as one of the top 10 companies to watch in the field of water filtration.

Related posts:

Israel Cleantech buys 11% of AqWise

AqWise founders start new cleantech venture