NEWS
Gradiant’s sales growth over US$500m in new orders for H1 2024
Global solutions provider for advanced water and wastewater treatment Gradiant has closed the first half of 2024 with over $500m in new orders, continuing the momentum from a record Q1 order book of $337m. This performance marks the fifth year of doubling annual sales and the impact of the company’s strategic expansion into the US and high-tech manufacturing sectors worldwide. Gradiant continued to deliver for blue-chip leaders in industries for whom they have become the go-to water solutions partner, signing new agreements to design, build and operate (DBO) flagship water treatment and wastewater recycling plants in the US, Europe, Middle East, Africa, and Asia regions. A portion of the new orders are for high profile projects in the semiconductor and microelectronics industry in the US and Asia, and for returning customers who are adopting more of Gradiant’s solutions. New orders in H1 2024 are with clients including Micron, STMicroelectronics, AB InBev, Coca-Cola, Nestle, Rio Tinto, Petronas, ADNOC, and Nama Water. These agreements highlight the demand from high-tech manufacturing, F&B, and heavy industrial sectors for solutions that reduce water consumption, reclaim valuable resources, and renew wastewater for return to nature. These deals showcase Gradiant’s capability to support sustainable global development across various environmental, economic, and regulatory landscapes. Industry uses up to 50% of the world’s water. Gradiant offers a technology stack engineered to handle complex
water and wastewater challenges for industries, including F&B, pharmaceuticals, mining, renewables, and power. Gradiant solutions ensure that industrial partners achieve sustainability efficiency goals at the lowest capital expenditure and operating expense costs. The succession of wins reflects Gradiant’s prominence resulting from the addition of its CURE Chemicals, a full suite of customised chemical solutions for water and wastewater operations recently announced. GWI Global Water Summit honoured Gradiant in May with the ‘Water Company of the Year (Distinction)’ and ‘Water Technology Idol’ awards, acknowledging their leadership performance in technology innovation. “Our continued sales growth, bolstered by new high-tech industrial partnerships, is a testament to our solution-oriented approach and technological innovation that meets the exacting performance and sustainability demands of our clients,” said Prakash Govindan, Gradiant COO. “We are delivering on our commitment to help industry and communities thrive side-by-side to ensure water for generations to come.”
Gradiant enhanced its value proposition in Q2 with technological announcements in per- and polyfluoroalkyl substances (PFAS) treatment and lithium production. In May, Gradiant introduced ForeverGone, the industry’s first complete all-in-one solution to remove and permanently destroy PFAS. ForeverGone produces water that meets or exceeds the latest US EPA drinking water standards for PFAS. The fully integrated solution efficiently, sustainably, and reportedly at the lowest total cost achieves PFAS removal. Subsequently, in June, Gradiant announced alkaLi, a standalone spin-out company dedicated to accelerating the scaling of battery-grade lithium production. alkaLi is powered by EC2 — a Gradiant-grade innovation that is said to be the industry’s first and only all-in-one, fully integrated solution, engineered to extract, concentrate and convert battery-grade lithium. alkaLi offers an efficient solution to produce lithium and meet the growing trends in electrification — led by the demand for electric vehicles (EVs), energy storage, and portable electronic devices.
10 Water & Wastewater Asia | September-October 2024
Made with FlippingBook - professional solution for displaying marketing and sales documents online