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OriginClear’s investment in WTII also helps close a strategic acquisition
Los Angeles, CA – June 12, 2018 – OriginClear Inc. (OTC/QB: OCLN), a leading provider of water treatment solutions, recently entered into a licensing agreement with Water Technologies International, Inc. (OTC: WTII), of Port St. Lucie, FL, which commercializes the innovative SIMPOD portable waste water treatment plant, and has developed a line of atmospheric water generators.
The United Nations estimates that by 2030, water demand will exceed supply by 40 percent. By combining OriginClear’s Electro Water Separation (EWS) wastewater treatment technology with Water Technologies’ Atmospheric Water Generators, oil & gas operators facing water scarcity can regain control of their water resources and build water independence for their organization.
Depuporc intends to integrate OriginClear’s Electro Water Separation with Advanced Oxidation (EWS:AOx) technology in the systems it deploys. The contract outlines orders beginning with 12 machines in the first year, tripling to 36 units by the third year.
OriginClear’s system effectively removes levels of ammonia which are both high and variable, from a continuous flow of wastewater generated by a chrome-plating process.
The contract outlines orders beginning with 12 machines in the first year, tripling to 36 units by the third year. Between component sales and royalties, OriginClear believes that this project will generate about half a million dollars in the first year, also tripling by year three.
