MEXICO CITY, March 20, 2014 (GLOBE NEWSWIRE) -- Boston-based Desalitech, Inc. has signed a Memorandum of Understanding (MOU) with Veolia Water Solutions & Technologies, the global leader in Industrial and Municipal Water Treatment technologies. Both companies agree to negotiate a partnership agreement to bring advanced, cost effective, high recovery water solutions to Mexico and additional countries worldwide. The MOU was signed in Mexico City, Mexico as part of Massachusetts Governor Deval Patrick's Massachusetts – Mexico Partnership Mission.
This event marks a major milestone for both Veolia and Desalitech. The two companies have been collaborating in Mexico and the U.S. and are moving forward with their cooperation. This intended partnership comes at an opportune time as industry is currently responsible for 60 percent of fresh water withdrawals in developed countries, and this number is growing. It is becoming impossible for industry to ignore the environmental and financial consequences of inefficient water utilization. Veolia and Desalitech are leading the way to significant cost savings and environmentally-sound approaches to water treatment and reuse. The intended partnership joins the commercial, technical and execution strengths of Veolia, with the leadership in high efficiency RO water treatment and wastewater reuse of Desalitech.
"Here at Veolia Water Solutions & Technologies, it is of utmost importance to recognize our customers' needs and provide the tools to help them solve problems. We are pleased to incorporate Desalitech's technologies which complement Veolia's existing range of 350 state-of-the-art technologies," said Luis Maturana CEO, Latin America - Veolia Water Solutions & Technologies. "We pride ourselves on offering our clients top of the line, cutting edge solutions and we will continue to do so."
Desalitech offers high-recovery, low-energy water treatment solutions that have proven success in numerous applications including large scale projects in agriculture and the industrial sector. Since 2008, Desalitech has rapidly expanded its industrial installation base. Desalitech's products mark a breakthrough in water treatment, with patented Closed Circuit Desalination Reverse Osmosis (CCD-RO) systems that are able to reduce waste generation by up to 70 percent and energy consumption by 35 percent compared to traditional RO methods.
"Water shortage and industrial wastewater disposal are among the world's toughest problems, and their impact on industry and agriculture is accelerating with growth. This must change, and Desalitech's mission is to bring this change today. Our high efficiency solutions represent a new future for industrial and agricultural water and wastewater treatment. The alliance we are announcing today with the world's largest and foremost engineering company of water treatment facilities, Veolia Water Solutions & Technologies, is a remarkable landmark and a great privilege for Desalitech," said Desalitech CEO Nadav Efraty.
Desalitech has been developing commercial products and technologies that support water management and recycling for industrial applications. This new arrangement with Veolia is consistent with the Desalitech approach of establishing long-term partnerships with leading companies that have the ability to focus on specific market segments in select geographies.
"Lasting growth in the 21st century global economy will come from our competitiveness in global markets and opening up Massachusetts to the markets where we share strengths," said Governor Patrick. "The leaders in business and government and venture capitalists of Latin America's growth centers are eager to collaborate with us because they recognize that Massachusetts is an innovation hub with a disciplined strategy for growth."
About Veolia Water Solutions & Technologies
Veolia Water Solutions & Technologies is the largest water treatment provider in the world. Veolia provides comprehensive water and wastewater solutions for industrial and municipal customers and specializes in innovative technologies. The company's offer include 350 proprietary technologies to provide unrivaled flexibility and added value to every project. Veolia solutions often present opportunities for recycle and reuse of resources, product recovery and energy production as part of the treatment processes.
About MassCEC
Created by the Green Jobs Act of 2008, the Massachusetts Clean Energy Center (MassCEC) is dedicated to accelerating the success of clean energy technologies, companies and projects in the Commonwealth—while creating high-quality jobs and long-term economic growth for the people of Massachusetts. Since its inception in 2009, MassCEC has helped clean energy companies grow, supported municipal clean energy projects and invested in residential and commercial renewable energy installations creating a robust marketplace for innovative clean technology companies and service providers.
About Desalitech
Desalitech is a provider of high-recovery water production and effluent treatment solutions that deliver superior performance at lower costs. Its patented next-generation Closed-Circuit Desalination (CCD™) solutions represent the first major improvement in reverse osmosis water treatment in decades, achieving more efficient use of water resources, reduced emission of brine waste, and lower power consumption using standard off-the shelf components. CCD systems are uniquely capable of extracting purified water from challenging sources and adjusting to highly variable water conditions, making them ideal for industrial water and effluent treatment, agricultural water supply and inland brackish desalination. Desalitech, headquartered in Newton, MA, was named to the prestigious 2013 Global Cleantech 100 for its innovations in the water sector.