{"id":75991,"date":"2023-02-13T02:03:20","date_gmt":"2023-02-13T02:03:20","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/02\/13\/us-firm-gradiant-acquires-uae-wastewater-treatment-firm-advanced-watertek\/"},"modified":"2023-02-13T02:03:20","modified_gmt":"2023-02-13T02:03:20","slug":"us-firm-gradiant-acquires-uae-wastewater-treatment-firm-advanced-watertek","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/02\/13\/us-firm-gradiant-acquires-uae-wastewater-treatment-firm-advanced-watertek\/","title":{"rendered":"US firm Gradiant acquires UAE wastewater treatment firm Advanced Watertek"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>US-based wastewater treatment company <\/strong><strong><a href=\"https:\/\/www.gradiant.com\/\">Gradiant<\/a><\/strong><strong> has acquired Dubai-based <\/strong><strong>water treatment firm <\/strong><strong><a href=\"https:\/\/www.advancedwatertek.com\/about-us\">Advanced Watertek<\/a><\/strong>, according to a statement picked up by <a href=\"https:\/\/www.bloomberg.com\/press-releases\/2023-02-08\/gradiant-acquires-advanced-watertek-to-expand-manufacturing-capabilities-and-fuel-middle-east-growth\">Bloomberg<\/a> last week. The financial details were not disclosed in the statement.<\/p>\n<p><strong>Gradiant wants to roll out cleantech in MENA: <\/strong>The company will set up a <a href=\"https:\/\/nexusintegra.io\/centers-of-excellence-coe\/#:~:text=A%20Center%20of%20Manufacturing%20Excellence,data%20from%20a%20company's%2520experience.\">center of<\/a><a href=\"https:\/\/nexusintegra.io\/centers-of-excellence-coe\/#:~:text=A%20Center%20of%20Manufacturing%20Excellence,data%20from%20a%20company's%2520experience.\">manufacturing excellence<\/a> at Advanced Watertek\u2019s 18k square foot Dubai facility, the statement notes. The aim is for the acquisition to boost Gradiant\u2019s manufacturing capabilities, accelerate the roll-out of its tech to clients in MENA, and strengthen its regional market presence, it adds.<\/p>\n<p><strong>And make inroads into the lithium mining industry: <\/strong>Gradiant <a href=\"https:\/\/www.slb.com\/about\/newsroom\/press-release\/2022\/pr-2022-10-05-slb-gradiant\">signed an agreement<\/a> with US-headquartered energy multinational <a href=\"https:\/\/www.slb.com\/\">Schlumberger<\/a> last October to partner on lithium extraction, which will see Gradiant tech used to distill the lithium solution and recover freshwater. Lithium is also a key element in electric vehicle batteries and <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/12ddae5d-d53a-4521-8749-3aaf57584946\">is poised<\/a> to see surging global demand.<\/p>\n<p><strong>About Gradiant: <\/strong>The company provides cleantech projects for wastewater treatment, focusing on industrial wastewater to prevent contaminants from being released into the environment and to reduce manufacturing dependence on public water supplies, co-founder Prakash Govindan told <a href=\"https:\/\/www.forbesindia.com\/article\/take-one-big-story-of-the-day\/how-gradiant-is-helping-some-of-the-worlds-biggest-corporations-reuse-their-water\/81675\/1\">Forbes India<\/a> in a December interview. This is a more complex process than treating sewage or domestic wastewater, and Gradiant\u2019s cutting-edge tech helps companies recover up to 95% of wastewater streams in a cost-effective way, Govindan added.<\/p>\n<p><strong>About Advanced Watertek:<\/strong> Advanced Watertek designs and builds water treatment systems for a range of industries, including mining, agriculture and infrastructure, according to its <a href=\"https:\/\/www.advancedwatertek.com\/\">website<\/a>. It provides organizations with systems to reuse and recycle wastewater along with desalination, filtration and disinfection equipment. The firm currently has offices in Oman, Bahrain, KSA and Australia, and operates in over 50 countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-based wastewater treatment company Gradiant has acquired Dubai-based water treatment firm Advanced Watertek, according to a statement picked up by Bloomberg last week. The financial details were not disclosed in the statement. Gradiant wants to roll out cleantech in MENA: The company will set up a center ofmanufacturing excellence at Advanced Watertek\u2019s 18k square foot [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":75992,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2016],"tags":[11,660,79,52,296],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-75991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-enterpriseclimate","tag-ma","tag-ma-watch","tag-uae","tag-wastewater-treatment","wpautop","entry"],"acf":{"mongo_id":"d785c5aa-b889-4273-9d68-575f46edea53","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/679.jpg","photo_position":"above","related_issue":[75982],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US firm Gradiant acquires UAE wastewater treatment firm Advanced Watertek - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/02\/13\/us-firm-gradiant-acquires-uae-wastewater-treatment-firm-advanced-watertek\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US firm Gradiant acquires UAE wastewater treatment firm Advanced Watertek\" \/>\n<meta property=\"og:description\" content=\"US-based wastewater treatment company Gradiant has acquired Dubai-based water treatment firm Advanced Watertek, according to a statement picked up by Bloomberg last week. The financial details were not disclosed in the statement. 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