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Gabelli Funds to Host 3rd Annual PFAS Symposium at The Harvard Club, New York, NY
Globenewswire· 2025-08-28 12:00
Core Insights - Gabelli Funds, LLC is hosting its third annual PFAS Symposium on September 17, 2025, at The Harvard Club in New York City, focusing on the critical issues surrounding PFAS and their environmental impact [1][2]. Industry Overview - PFAS (Per- and Polyfluoroalkyl Substances) are man-made chemicals used since the 1940s in various industrial applications and consumer products, known for their resistance to water, oil, and heat, and linked to significant environmental and health risks [4]. Event Details - The symposium will include company presentations, fireside chats, and one-on-one meetings, aiming to foster dialogue on the environmental and public health challenges posed by PFAS [2]. - The preliminary agenda features presentations from various companies, including 374Water Inc., BP Polymers, Arq Inc, and others, with topics related to PFAS remediation and management [3]. Company Background - Gabelli Funds, LLC is a registered investment adviser known for its research-driven investment process and offers a diverse range of investment products for individual and institutional investors [4].
Hawkins, Inc. to Participate in Sidoti & Company's Small Cap Virtual Investor Conference
Globenewswire· 2025-08-27 12:30
Company Overview - Hawkins, Inc. is a leading water treatment and specialty ingredients company founded in 1938, headquartered in Roseville, Minnesota [4] - The company formulates, manufactures, distributes, and blends products for Water Treatment, Food & Health Sciences, and Industrial Solutions customers [4] - Hawkins, Inc. generated $974 million in revenue for fiscal 2025 and employs approximately 1,100 people [4] Upcoming Conference Participation - Patrick Hawkins, CEO, and Jeff Oldenkamp, CFO, will participate in Sidoti & Company's small cap virtual investor conference on September 17, 2025 [1] - The conference is attended by nearly 500 North American institutional investment firms interested in small-cap companies [2] - Hawkins management will be available for individual one-on-one virtual meetings during the conference [2]
膜行业首个强制性国标制定
Zhong Guo Hua Gong Bao· 2025-08-26 01:07
Core Viewpoint - The introduction of the first mandatory national standard for membrane bioreactor (MBR) products in China aims to enhance energy and water efficiency, filling a significant gap in the industry [1] Group 1: Industry Standards - The National Standardization Administration has issued a plan for the revision of 18 mandatory national standards, including the energy and water efficiency limits and grading for MBRs [1] - This standard is expected to raise industry entry barriers, eliminate outdated production capacity, and promote the development of MBR technology towards high efficiency and low carbon [1] Group 2: Impact on Water Treatment - MBR technology is a key equipment in the water treatment sector, and its efficiency directly affects the operational costs and resource consumption of wastewater treatment plants [1] - The implementation of this standard will lead to systematic research on testing methods for MBR energy and water efficiency, ensuring the scientific, advanced, and operable nature of the standards [1]
Birchtech Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-14 20:05
Core Insights - Birchtech Corp. reported second quarter 2025 revenues of $3.3 million, slightly down from $3.4 million in the same quarter last year, primarily due to operational challenges [9] - The company is focusing on growth in its water treatment business, with expected initial sales in the second half of 2025 [5][6] - Management emphasized the importance of protecting intellectual property and leveraging governmental support for the coal sector to drive growth in the air business [4][6] Financial Performance - Gross profit for the second quarter was $1.0 million, representing 29.8% of total revenues, down from 31.6% in the prior year [10] - Operating expenses decreased significantly, with SG&A expenses at approximately $1.7 million compared to $4.6 million in the same quarter last year [11] - The net loss improved to $1.5 million, or ($0.02) per share, compared to a net loss of $6.2 million, or ($0.07) per share in the same quarter last year [13] Strategic Developments - The company appointed Dr. David Mazyck as Executive Director of Innovation and Commercialization to enhance its water treatment technology development [8] - Birchtech is pursuing a listing on a major U.S. exchange by year-end to enhance its capital market presence [6] - The company is actively engaging in patent defense and licensing agreements to bolster its air business revenue, with a projected annual revenue run-rate of at least $40 million by the end of 2026 [8][6]
DuPont Water Solutions Wins BIG Sustainability Award for Advancements in Industrial Wastewater Reuse
Prnewswire· 2025-08-14 13:00
Core Insights - DuPont's Water Solutions team has been recognized as a 2025 "Sustainability Squad" for its advancements in industrial wastewater treatment and reuse [1][2] - The FilmTec™ Fortilife™ membranes developed by DuPont enable efficient wastewater treatment, resource recovery, and reduced energy consumption [2][3] Group 1: Recognition and Awards - The "Sustainability Squad" Award highlights DuPont's commitment to addressing industrial water treatment challenges through innovative solutions [2][3] - This recognition underscores the effectiveness of the FilmTec™ Fortilife™ elements in helping customers comply with discharge regulations and improve water efficiency [3] Group 2: Product Innovations - DuPont has launched several new and upgraded FilmTec™ Fortilife™ membranes, including CR100, XC70, XC120HR, and XC160, enhancing brine concentration and energy efficiency [4] - These innovations support the adoption of minimal liquid discharge schemes and emerging applications like direct lithium extraction and seawater brine crystallization [4] Group 3: Global Impact - DuPont Water Solutions' technologies are purifying over 50 million gallons of water per minute across 112 countries [5] - The company provides a comprehensive portfolio of membranes, resins, and systems to tackle various water treatment challenges faced by municipalities and industries [5]
LiqTech(LIQT) - 2025 Q2 - Earnings Call Transcript
2025-08-13 14:00
Financial Data and Key Metrics Changes - The company reported revenue of nearly $5 million for Q2 2025, an increase from $4.5 million in Q2 2024 and $4.6 million in Q1 2025 [19] - Gross margin for Q2 2025 was 9.8%, down from 16% in the same period last year but improved from 2.7% in Q1 2025 [21] - Net loss for the quarter was $2 million, slightly better than the $2.1 million loss in the same period of 2024 [23] Business Line Data and Key Metrics Changes - Water system sales and related services generated $2.4 million, up from $1.9 million in Q2 2024 but down from $2.7 million in Q1 2025 [19] - DPF and ceramic membrane sales were $1.3 million, down from $1.7 million in Q2 2024 but up from $1 million in Q1 2025 [20] - Plastic revenue reached $1.2 million, compared to $900,000 in Q2 2024 and $1 million in Q1 2025 [20] Market Data and Key Metrics Changes - The swimming pool segment delivered six systems, generating nearly $800,000 in revenue, marking a significant increase from previous quarters [5][12] - The company anticipates continued year-over-year revenue improvements in the third and fourth quarters, with full-year revenue expected to be the highest in four years [6][17] Company Strategy and Development Direction - The company is focusing on expanding its presence in water treatment, particularly in the steel industry and swimming pool markets, while also pursuing pilot projects in various sectors [10][27] - Strategic partnerships, such as with ResoVac Direct, are being leveraged to enhance market reach and deliver tailored solutions [27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the operational performance and revenue outlook for the remainder of the year, citing strong order flow and successful pilot projects [6][17] - The company is committed to addressing environmental challenges through its advanced filtration technologies, aiming to meet increasing global demand for sustainable solutions [25][27] Other Important Information - The company plans to record revenue on a percentage of completion basis for large orders, which is expected to stabilize financial reporting [8] - Cash at the end of the quarter was $8.7 million, down from $10.4 million at the end of Q1 2025 [23] Q&A Session Summary Question: Can you discuss the area of focus for the new Razorback pilot? - The focus is on an industry outside oil and gas, specifically in water treatment, with more details to be shared after receiving customer feedback [29] Question: What does the approval of the pilot at the US oil and gas industry application mean in terms of potential timing? - This approval allows for commercialization across the company, with expectations for exciting results in the near future [30] Question: What timing do you think will be for the bidding process in the marine segment? - The bidding process is expected to occur in Q3, with developments anticipated in the next two months [31] Question: Based on your full year guide, does that mean you will be EBITDA profitable in Q4? - The company expects Q4 to potentially be EBITDA positive, depending on sales volume and mix [34]
374Water revenue surges in Q2 on PFAS waste destruction projects
Proactiveinvestors NA· 2025-08-12 20:26
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
CWTI Prepares to Ship Electrochemical Water Treatment System for Production of High Purity Water
Globenewswire· 2025-08-12 14:00
GUELPH, Ontario, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Current Water Technologies Inc. (TSX-V: WATR) ("CWTI" or "the Company" or "the Corporation"), is pleased to provide an update to its March 17, 2025 press release. Fabrication of the electrochemical water treatment system followed by a comprehensive in-house test program has been completed. The system is scheduled to be shipped to the client within the next 1-2 weeks. The Company and our partner anticipates that the successful implementation of this system w ...
Ovivo to Sell its Electronics Division to Ecolab and Start a New Phase of Growth
Prnewswire· 2025-08-12 12:05
Core Insights - Ovivo Inc. has entered into a definitive agreement to sell its Electronics division to Ecolab for an enterprise valuation of approximately 2.4 billion Canadian dollars, with the transaction expected to close in the first quarter of 2026, pending regulatory clearance [1][2][3] Group 1: Transaction Details - The sale of the Electronics division is seen as a milestone for Ovivo, providing new opportunities within Ecolab and marking the beginning of a new phase for Ovivo [2][3] - Ecolab, a global leader in sustainability, operates in over 170 countries and has annual sales of US$16 billion, employing approximately 48,000 associates [8] Group 2: Future Strategy - Following the transaction, Ovivo will focus on accelerating organic growth in its Municipal, Energy, and Cembrane divisions, as well as expanding its industrial business in North America through acquisitions [4] - The transition is expected to enhance collaboration across the SKion Water portfolio and strengthen corporate functions between SKion Water and Ovivo [4] Group 3: Company Background - Ovivo is recognized for its expertise in water treatment, with over 150 years of experience and a strong global brand presence [6][7] - The company operates in 18 countries and employs more than 1,500 experts in water treatment, providing innovative and sustainable solutions for both industrial and municipal markets [6][7]
Cavitation Technologies, Inc. Signs an Agreement with BMI Group to Advance “Forever Chemicals” Removal Using Chemical Free Proprietary Technology
Globenewswire· 2025-08-11 10:30
Core Viewpoint - Cavitation Technologies, Inc. has entered into a partnership with BMI Group to enhance the removal of PFAS, a significant environmental concern, through advanced fluid processing technologies [1][3][4]. Company Overview - Cavitation Technologies, Inc. specializes in innovative flow-through nano-technology systems for fluid processing applications across various industries, including water treatment, agriculture, and pharmaceuticals [7]. - BMI Group, established in 2005, focuses on engineering and environmental solutions, particularly in water and wastewater treatment [6]. Agreement Details - The agreement grants BMI Group exclusivity rights in its territory and mandates a minimum of $1 million in annual sales [3]. - The collaboration aims to implement a scalable and effective process for PFAS removal, utilizing CTi's High-Pressure Nano-Reactor® and Cavitation Non-Thermal Plasma™ systems [3][4]. Technology Advantages - The combined technology effectively mineralizes PFAS into harmless compounds, eliminating secondary waste and hazardous chemical handling [11]. - The systems are designed to operate at 25 gallons per minute (GPM) with potential for higher flow rates, making them suitable for commercial-scale treatment [11][8]. - The technology also addresses multiple contaminants, improving water quality and reducing operational costs across various sectors, including industrial water treatment and agriculture [5]. Industry Context - PFAS contamination is a critical environmental issue, with over 60 million pounds disposed of in the U.S. in the past five years [2]. - Current PFAS removal methods are inadequate, often transferring contaminants rather than eliminating them [11].