OriginClear CEO, Riggs Eckelberry Aims to Take Water Treatment from $1 Trillion to $5 Trillion.
That was last Friday's headline in Grit Daily, and the story went viral over the next few days in social media...
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Jeremy then wrote the Grit Daily story. (And we've hired his team to book many more podcasts for us, so stay tuned...)
(Oh and there was a cool radio show on Health Media Now, which explores the same theme. Worth a listen, if you have the time...)
So, what's this about $1 trillion to $5 trillion?
Five years ago, a Bank of America Merrill Lynch Global Research report concluded that:
"...Increased demand for water could generate potent investment opportunities. Water-related industries already represent a roughly $500 billion market; we think it will double to $1 trillion by 2020."
But here's the thing:
Globally, over 80% of all wastewater is discharged without treatment.
80% dumped!!! How could that be? Well, it can be, and it is. It really is as bad as you think.
In other words, if only 20% of the water is treated, this one-trillion dollar industry should be a five-trillion dollar industry!
Here's the report that tells us why this is so:
"On average, high-income countries treat about 70% of the municipal and industrial wastewater they generate. That ratio drops to 38% in upper middle-income countries and to 28% in lower middle-income countries. In low-income countries, only 8% undergoes treatment of any kind. These estimates support the often-cited approximation that, globally, over 80% of all wastewater is discharged without treatment.
"In high-income countries, the motivation for advanced wastewater treatment is either to maintain environmental quality, or to provide an alternative water source when coping with water scarcity. However, the release of untreated wastewater remains common practice, especially in developing countries, due to lacking infrastructure, technical and institutional capacity, and financing."
OK so where is all this growth going to happen?
Not your local water district! The days of the billion dollar projects that tear up half a hillside are long-gone.
But there is a solution, and it is what we call Instant Infrastructure™, built by businesses everywhere.
And it's what I'm going to discuss tomorrow (Thursday) at 5pm Pacific/8pm Eastern on the weekly CEO Briefing, so sign up now.
We are very excited about the potential for OriginClear. Reminds me of the old days in the dot-com, but for water.
Technology that helps human beings. And we've found the key to changing the water industry. Do join us tomorrow on the call!
IMPORTANT: Great developments on OCLND mean that our ultra-generous investing offer is going to become... less generous!
Now's the time to call. If you are an accredited investor, please contact my assistant Devin Angus at (323) 939-6645. His extension is 116. You can also email email@example.com.
Do it now!
Riggs and Team