Metito makes desal move
Abu Dhabi-based firm eyes Asian and African markets following deal with TPTec.
Metito is set to make a “significant investment” in Thermal Purification Technologies Limited (TPTec), a clean-tech company owning the patent for Low Temperature Distillation (LTDis) among other innovative solutions.
LTDis is the next generation desalination and water purification technology capable of treating even high saline and/or polluted water in an efficient and robust manner, according to a statement.
Under the deal, Metito has made a significant investment in TPTec to develop, utilise and commercialise its innovative technologies including the LTDis for which TPTec owns the patent.
Metito also has the exclusive license to utilise and offer the LTDis technology as well as any new innovations by TPTec in Asia and Africa, where water and wastewater purification continues to be a challenge.
Apart from the initial equity investment, Metito will invest considerable resources to ensure efficient and capable professionals and facilities are available for such technologies to reach their full potential. This process will be further honed with the support from the world class R&D facilities of its shareholders; Mitsubishi Corporation and Mitsubishi Heavy Industries.
Metito declined to disclose the value of its investment.
The LTDis technology provides wide-ranging advantages to emerging markets ensuring sustainable and advanced benefits over existing desalination and other water purification technologies, including increased cost saving elements.
Bassem Halabi, Metito Group Business Development Director, said: “Metito is an advocate for safe, clean and sustainable technologies and our investment in TPTec is absolutely in line with our vision and strategy to provide technologically advanced and innovative water and wastewater solutions to emerging markets.
“LTDis has the potential to redefine the practice of thermal desalination as it not only offers advanced benefits over existing thermal and membrane technologies, but it also provides significant energy and cost savings compared to other technologies.
“Metito will invest in capable and experienced human resources and in other technical resources required to support TPTec as it actively develops, better and commercialise its innovative/clean technology offerings. We will firstly introduce LTDis and roll it out in the Asian and African markets and we are very excited at the prospects,” Halabi added.
Mark Lehmann, CTO, TPTec added: “TPTec uses advanced thermodynamics and waste heat stream(s), in order to produce pure water in a clean, efficient and robust process. TPTec looks forward to working with Metito, with their extensive experience and resources in the water industry, to fully explore the potential of this, among other, innovative technology.”
The eco-friendly, cost-effective thermal process is based on the principle of low temperature distillation and is considered to be the future of desalination, the statement said.
The technology is simple to integrate and highly efficient with low operating and maintenance costs making it a clear choice to achieve significant savings in the medium-long run. It can also be retrofitted to existing plants to optimise processes, without incurring huge investments.
Although LTDis can be used in conjunction with other technologies, Metito believes it will quickly become the leading go-to thermal solution, in time swapping places with the current RO and thermal desalination technologies.
The process is very tolerant of salinity and is not limited to treating seawater, but also polluted water, brine from other desalination plants and various industrial wastewaters, including produced water from oil and gas exploration and mining which ordinarily can be problematic to deal with.
Introducing such a cutting edge technology in conjunction with Metito’s compelling shareholder base that includes Mitsubishi Corporation (MC), Mitsubishi Heavy Industries (MHI), Japan Bank for International Cooperation, Gulf Capital and the International Finance Corporation (IFC), the Group has the scale, expertise and financial backing to fully integrate this innovative technology, taking it to the next level of its evolution to become a mainstream solution.