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Modern Water Sells Brine Concentration Plant To Chemicals Producer

Wed, 13th Mar 2019 13:53

LONDON (Alliance News) - Modern Water PLC said Wednesday it has received a purchase order to supply an all-membrane brine concentration plant to a producer of crop protection products and other industrial chemicals.

Modern Water said the unnamed client is a "substantial" international chemicals company and the sale follows a trial at the client's site in India. The plant will treat the "technically challenging" waste water produced by the client.

"We are proud that a worldwide chemicals giant has decided to use our AMBC technology. Together with our partners at Advent in India, we look forward to delivering a plant that will help the client treat challenging waste water in a cost-effective and energy-efficient way," said Chief Executive Simon Humphrey.

Shares in Modern Water were up 9.5% Wednesday afternoon at 6.79 pence each.

More News
23 Aug 2019 15:48

Modern Water Says Non-Executive Chair Wilson Leaves, Replace By Clark

(Alliance News) - Modern Water PLC said on Friday that its Non-Executive Chair Alan Wilson has left his role with immediate effect and has been replaced by Piers Clark.Clark has had senior

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6 Aug 2019 17:04

Modern Water In Advanced Talks To Sell US Monitoring Division

(Alliance News) - Modern Water PLC on Tuesday said it is planning a restructure and has entered "advanced negotiations" for the sale of Modern Water Inc in the US.Shares in water

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23 Jul 2019 14:14

Modern Water Files Notice To Appoint Administrators For Units

(Alliance News) - Modern Water PLC on Tuesday said it is filing notices of its intention to appoint and administrator to its Modern Water Services Ltd and Surrey Aquatechnology Ltd in the firm at

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7 Jun 2019 13:48

Modern Water seeking additional working capital

(Sharecast News) - Shares in Modern Water fell down the plughole on Friday after the AIM-listed company said it was in talks with potential funding parties as it seeks additional working capital.

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18 Apr 2019 18:35

Modern Water Narrows 2018 Loss, Well Placed For Profit Going Forward

LONDON (Alliance News) - Modern Water PLC on Thursday after market close reported a narrowed annual loss and believes it is well placed to turn to profit after achieving "significant in 2018,

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27 Mar 2019 08:52

Modern Water's Gibraltar Wastewater Project Receives State Approval

LONDON (Alliance News) - Modern Water PLC on Wednesday said its Gibraltar wastewater treatment plan project received environmental approval from the country's Development & Planning Water

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13 Mar 2019 13:40

Modern Water buoyant after chemicals giant places order

(Sharecast News) - Modern Water's shares jumped on Wednesday after it received a purchase order to supply a proprietary all-membrane brine concentration (AMBC) plant to one of the world's leading producers of crop protection products, speciality chemicals and other industrial chemicals.

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28 Feb 2019 11:00

Modern Water To Report Loss "Slightly" Worse Than Market Expectations

LONDON (Alliance News) - Modern Water PLC on Thursday expressed a confident outlook for the year ahead despite reporting a "significantly" widened loss in 2018.The stock was 11% a

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8 Feb 2019 10:35

WINNERS & LOSERS SUMMARY: Earthport Up In Visa-Mastercard Bidding War

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - down 2.4%. Citigroup has reduced its rating -

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21 Jan 2019 12:55

Modern Water slides on discounted share placing

(Sharecast News) - Shares in Modern Water slid on Monday as the company said it has raised around £587,470 in a heavily-discounted placing.

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21 Jan 2019 11:12

Modern Water Raises GBP550,000 Via Placing, Shares Fall (ALLISS)

LONDON (Alliance News) - Modern Water PLC said Monday that it raised GBP587,470 via a share placing of just over 9.0 million shares.Modern Water shares were trading down 18% at 6.64 pence a

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14 Dec 2018 15:54

Modern Water sells desalination unit to Oman safari park

(Sharecast News) - Modern Water has sold an 'AquaPak' desalination plant in Oman, it announced on Friday.

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29 Oct 2018 12:22

Modern Water Misses Open Offer Target, Raises GBP341,000 (ALLISS)

LONDON (Alliance News) - Modern Water PLC said Monday it raised GBP341,317 in an open offer as shareholders took up just 38% of the shares offered.The company will issue 3.8 million shares

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24 Oct 2018 15:27

DIRECTOR DEALINGS: Modern Water Non-Executive Director Buys Shares

LONDON (Alliance News) - Water treatment company Modern Water PLC said Non-Executive Director Piers Clark purchased 227,272 shares at a price of 9.50 pence per share on Tuesday.The deal in

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