Equate buys plant-based water recycling system
Equate: Aquatech?s solution first such system to be used in MidEast
The Equate Petrochemical Company signed a deal with water treatment company Aquatech for the Middle East's first ever plant based water recycling system, the company announced on Wednesday.
The deal is part of a comprehensive environmental project by EQUATE valued at over US$11 million, the company says.
"We are very pleased to have concluded the deal with Aquatech. This project, which is part of EQUATE Green Initiative, presents numerous benefits as it aims to reduce water consumption, as well as decrease the carbon emission associated with purifying water today. In fact, EQUATE signed the Gulf's first ever carbon reduction and capture deal in 2008,” said Equate’s vice president for technical services, Mohammad Al-Benali, at the signing ceremony.
Established in 1995, Equate is an international joint venture between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). Commencing production in 1997, Equate is the single operator of a fully integrated manufacturing facility producing over 5 million tons annually of high-quality petrochemical products which are marketed throughout the Middle East, Asia, Africa and Europe.
Aquatech International is a water purification technology company for industrial and infrastructure markets with a focus on desalination, water reuse, and zero liquid discharge. The company is headquartered in the United States, has offices throughout North America, and significant presence worldwide through subsidiaries in Europe, the Middle East, India, and China.