Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Modern Water Nets USD335,000 Order; Signs Agreement With Ion Exchange

Mon, 23rd Dec 2019 17:35

(Alliance News) - Modern Water PLC late Monday said it received its largest single order of USD335,000 from an unnamed customer in China for its Microtox CTM product.

Microtox CTM is a broad range monitor which measures the chemical toxicity of a water source, giving an indication of water health.

The equipment will be used for new hydrological and water treatment stations in Shanghai, the company said.

In addition, Modern Water said it signed a collaboration agreement with water and environment management specialist Ion Exchange (India) Ltd.

Ion Exchange will integrate Modern Water's proprietary brine concentration technology and forward osmosis technology in its projects across India, Oman, the United Arab Emirates and Saudi Arabia, the company said.

Shares in the water monitoring technology company closed up 12% at 1.28 pence on Monday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

Related Shares

More News
25 Sep 2020 10:32

UK WINNERS & LOSERS SUMMARY: Boohoo Rallies After Supply Chain Review

UK WINNERS & LOSERS SUMMARY: Boohoo Rallies After Supply Chain Review

25 Sep 2020 10:21

Integumen And Modern Water Get Publication Date Extension For Merger

Integumen And Modern Water Get Publication Date Extension For Merger

24 Sep 2020 15:43

UK's Integumen unveils prototype COVID-19 breath test

LONDON, Sept 24 (Reuters) - Integumen, a British company that developed a system to detect the COVID-19 virus in waste water, said the same technolo...

22 Sep 2020 14:12

UK EARNINGS SUMMARY: IGas Swings Sharply To Loss As Revenue Halves

UK EARNINGS SUMMARY: IGas Swings Sharply To Loss As Revenue Halves

28 Aug 2020 13:20

Integumen agrees deal to take over Modern Water

(Sharecast News) - Integumen and Modern Water have reached agreement on the terms of a recommended offer to be made by Integumen for the entire issued...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.