–Awarded by industry research leader Global Water Intelligence–
–Winners cited for most impressive commercial breakthroughs worldwide–
Melbourne, Australia and Caesarea, Israel: Emefcy Limited (ASX: EMC), a global leader in energy-efficient wastewater treatment solutions, today announced that it was recognized as
a 2016 Breakthrough Water Technology Company of the Year by Global Water Intelligence (“GWI”), one of the industry’s preeminent research organizations. The award category
recognizes development-stage companies that made the most impressive commercial breakthroughs into the global water market in the past year. Emefcy was recognized “with distinction” at an awards ceremony at GWI’s Global Water Summit in Madrid, Spain.
The award was presented to Emefcy Co-founder and CEO Eytan Levy by Nassim Nicolas Taleb, author of ‘The Black Swan’, and Christopher Gasson, GWI publisher.
GWI described Emefcy as “an unstoppable force” and specifically cited the completion of multiple installations around the world during the first year since introducing its unique membrane-aerated biofilm reactor (“MABR”) technology. GWI noted key breakthroughs in Emefcy’s technology: the 90% reduction in energy requirements, and the reduction in the need for a carbon source in the nitrification/denitrification process. GWI recognized the suitability of MABR-based treatment plants for rural communities, especially in China where the Company is expanding rapidly.
Richard Irving, Executive Chairman of Emefcy, commented, “We are gratified that a highly respected water industry expert such as GWI recognized the value of our technology and the rapid adoption of our solution around the world. We believe that our value proposition is compelling for underserved rural communities, as we lower operating costs substantially and enable customers to avoid the need for massive and costly sewage infrastructure. GWI called out the markets we can pursue, especially the massive rural China opportunity that is developing now.”