Applied CleanTech's SRS Technology Turns Wastewater Into Cash, While Saving The Planet
SAN DIEGO, Nov. 25, 2014 /PRNewswire/ -- Today, Applied CleanTech (www.appliedcleantech.com) announces its campaign to raise its next round of funding through EquityNet crowdfunding platform for investors.
"We are not just creating ways to efficiently manage and handle waste but also creating a new revenue opportunity for any municipality in the world," says Dr. Refael Aharon, CEO & Founder of Applied CleanTech. "We are leveraging EquityNet for this round because we believe in the strength of the public force in this industry. Using our SRS technology is a clean, efficient way to create an endless cycle of revenue and efficiency in waste management and to recycle our resources in a way that drives sustainability."
Established in 2007, Applied CleanTech Inc. has developed and established a technology that fully recycles cellulose from raw wastewater creating opportunity for any country to generate more than $2.1 billion ($7 per person per year).
Wastewater treatment is a multi-billion dollar global market. Applied CleanTech is the first company to turn wastewater into a valuable revenue-generating resource through its unique Sewage Recycling System (SRS), recycling and mining cellulose from wastewater, turning it into Recyllose™ (recycled cellulose) – a highly valuable commodity with numerous applications for various industries as well as reducing sludge formation and GHG emissions.
How It Works
ACT's patented SRS technology mines cellulose from wastewater and processes it into a clean, pasteurized, green product coined as Recyllose™ (recycled cellulose).
Recyllose™ is an additional high-margin and recurring revenue source that is used in plastics, insulation, pulp & paper, construction, bio-fuels production, and more, and directly meets the tightening global standards for wastewater treatment and sludge disposal.
Recyllose™ production using the SRS technology offers operational & environmental benefits for any country including:
- Generating new ongoing revenue stream from an untapped, endless resource
- Reducing Wastewater treatments plant OPEX & energy consumption by up to 30%
- Increasing Wastewater treatments plant capacity by up to 30%
- Reducing GHG emissions and carbon footprint
Applied CleanTech has already implemented the technology in Holland, Canada, Israel and Mexico to create and drive revenue opportunity and is continuing to establish relationships with partners worldwide to create resources and revenue from wastewater, a resource that is prevalent globally.
To learn more about Applied CleanTech and its current funding round, please visit EquityNet here: https://www.equitynet.com/c/applied-cleantech
About Applied CleanTech
The company was founded in 2007 by an experienced team of entrepreneurs with a proven track record in product development and commercialization, and is guided by a group of directors and advisors with a deep understanding of wastewater management and biomass recycling industries. ACT's approach reduces the costs of wastewater treatment while increasing plant capacity. The company's proprietary bio-solids recycling process produces a valuable raw material under the brand name Recyllose™.
Media Contact:
Ronjini Joshua
Email
(562) 735-0071
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/applied-cleantechs-srs-technology-turns-wastewater-into-cash-while-saving-the-planet-300000954.html
SOURCE Applied CleanTech
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