Hydro Industries has secured its first contract in Saudi Arabia to clean up waste water.
The Carmarthenshire-based tech venture has already opened an office in Riyadh, recognising the scale and potential of one of the most lucrative markets in the world.
The chairman of the global water technology company is former Wales rugby captain David Pickering, who signed the deal with the Kingdom’s National Water Company, just before Christmas, and will begin to export state of the art equipment to Saudi Arabia in February 2020.
The initial contract commits Hydro to treat up to 100 tonnes an hour of industrial sludge at Al Heet on the outskirts of Riyadh.
For Hydro qualifying as a tier one supplier to the National Water Company is a major breakthrough.
The value of the initial deal has not been disclosed. However, it is understood to run into hundreds of thousands of pounds and with potential additional sites could be worth millions
The smart water solutions pioneered by Hydro have already been deployed in the USA, Japan, Egypt, UAE, India, Sudan, Somalia, Europe and the 海角视频. This opportunity is seen as a further endorsement of Hydro’s home growth technology, its ability to deploy solutions on a global scale and provide a world class services.
This latest contract was won following the signing of an MOU with Saudi Arabia Governments Investment Authority (SAGIA).
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Hydro Plans to compete for further work as it grows its business and brand within the Kingdom.
Wayne Preece, CEO of Hydro Industries, said: “We are grateful to the National Water Company for this opportunity to showcase what our home-grown, world class technology can do, and we look forward to helping the Kingdom fulfil their ambitious environmental commitments whilst creating jobs within the 海角视频 and Saudi Arabia”.
A spokesman for the National Water Company said the partnership with Hydro will enable the Kingdom to respect the environment, meet critical climate change commitments and deliver the economic growth that is vital to sustain and improve the jobs, opportunities and quality of life it aspires to for our Saudi Arabia and its people.
Hydro uses an electro-based treatment, which uses electrons to treat water without the need for chemicals or biomass is a highly efficient ‘clean technology’.
The Llangennech-based business, which was established in 2010, has a been building its global client base, which includes Ford, Shell, De la Rue T&T Salvage and Harsco, with export making up around 85% of the business.