Fluence Corporation Limited Won Another Aspiral Contract in China

Won Contract for Total Wastewater Treatment Capacity of 200 M3/Day: Fluence Corporation Limited (ASX: FLC) has been awarded another contract to deliver an MABR-based Aspiral smart packaged solution in China. This new contract win is for a 200 m3 /day wastewater treatment plant for a highway service area in Xiaogan, Hubei Province, in China. It is the first contract which is secured by the Fluence’s new local Chinese partner Hubei Communication Investment Intelligent Detection Co., Ltd (Hubei ITEST). As per the contract, the project calls for two Aspira L4 units to be commissioned and operational by August 2018. If this goes well then, the company could see an additional contract for highways in the same province.  According to the Managing Director of Hubei ITEST, Hubei expects that its cooperation with Fluence will lead to a compelling new solution for wastewater treatment at highway service areas in Hubei Province.

Furthermore, Fluence Managing Director and CEO Henry Charrabe stated that the company observes huge potential for future expansion with Hubei ITEST for similar applications along the many highways in Hubei Province. Hence, the company encouraged its strong partnership with Hubei ITEST and expects more success together in future. With this announcement, the share price climbed up 3.846 per cent before market close on July 06, 2018 and recorded market capitalization of $161.95 Mn.


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