Clean TeQ progresses HiROx® water treatment plant proposal with Townsville City Council
9 March, 2020
MELBOURNE, Australia – Sam Riggall, Chief Executive Officer of Clean TeQ Holdings Limited (Clean TeQ or Company) (ASX/TSX:CLQ; OTCQX:CTEQF), announces that strong progress is being made towards Clean TeQ securing an engineering, procurement and construction (EPC) contract with Townsville City Council for a large-scale water recycling plant utilizing our HiROx® process and BioLense encapsulated bacteria. HiROx® is an ultra-high recovery water treatment process which combines Clean TeQ’s continuous ion exchange (CIF®) technology with reverse osmosis.
Clean TeQ Water has been advised that it is the preferred contractor to deliver a recycled water re-use plant at the Cleveland Bay Purification Plant in Townsville, however, final award of an EPC contract is subject to a range of conditions including agreement on commercial terms, construction schedule and pricing. While the EPC contract discussions are ongoing, and in order to maintain the targeted delivery schedule, Townsville has engaged Clean TeQ on an initial scope of work valued at A$920,000 for detailed design and procurement of long-lead items for the plant. This work is now underway.