Ovivo Awarded a $5 Million Contract in the Middle-East for a Water System Feeding a Power Plant using Recycled Waste Water

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Apr 08, 2015, 15:01 ET

MONTREAL, April 8, 2015 /CNW Telbec/ - Ovivo Inc. ("Ovivo") has been awarded a large contract to supply a boiler feed water system for a power plant located in the Middle-East. The contract value is approximately $5 million Canadian and the system is scheduled for delivery in 2016.

Boilers require high quality purified water to generate steam for power plants. Due to scarcity of fresh water in the Middle-East, Ovivo's system will recycle waste water from a nearby municipal sewage treatment plant. The scope of supply includes Ovivo's state of the art process design and equipment to achieve the required level of water purity, such as clarification, ultra-filtration, reverse osmosis and electrodeionization (EDI).

"This contract is another example of Ovivo's capacity to take advantage of the increased level of activities experienced recently in the global energy market," said Marc Barbeau, President and Chief Executive Officer. "Water reuse and recycling are at the forefront of Ovivo's technological development and are part of our mission to increase water awareness and sustainability. With our global platform and technologies, we are well positioned to capture this growing market trend where water supply is decreasing and sea water usage is restricted," concluded Mr. Barbeau.

About Ovivo Inc.

Ovivo Inc. is a global company dedicated to water and wastewater treatment. It offers comprehensive technological solutions, as well as services and equipment tailored to specific client needs. Ovivo operates in over 15 countries with more than 800 employees. Ovivo is a public company whose shares trade on the Toronto Stock Exchange under the ticker symbols OVI.A and OVI.B. www.ovivowater.com

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SOURCE Ovivo Inc.