$1.4M water treatment sale for Quebec company

H2O Innovation of Quebec City, Canada has signed two contracts through its new U.S. subsidiary Membrane Systems Inc. ("MSI") for membrane-based drinking water treatment plants for the cities of Palm Coast and Boynton Beach, both located in Florida.

The total value of the two contracts is $1.4M USD.

The Palm Coast system will produce drinking water at the flow rate of 2.25 million U.S. gallons per day (8,500 cubic meters per day) to supply the city of 45,000 people. The system consists of two trains of low pressure, reverse osmosis units using 336 membrane elements designed for treating well water that has high hardness and organics.

The Boynton Beach project will be somewhat larger, involving 648 membrane elements treating a total of 8.7 million US gallons per day (33,000 cubic meters per day). Boynton Beach has 67,000 residents.

MSI will provide the membrane elements, pressure vessels and ancillary equipment necessary for the on-site implementation and upgrade of the water treatment plant.

H2O is traded on the Toronto Stock Exchange's Venture exchange. The company recently applied to be listed on Euronext's Alternet, a similar second-tier exchange.

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