Growth was driven by geographic expansion and strategic advancements in semiconductors and microelectronics, and an expanded range of offerings across other industrial markets
BOSTON, Aug 7 (Bernama-BUSINESS WIRE) -- Gradiant, a global solutions provider for advanced water and wastewater treatment, today announced it closed the first half of 2024 with over $500 million in new orders, continuing the momentum from a record first quarter order book of $337 million. This performance marks the fifth year of doubling annual sales and the impact of the company's strategic expansion into the United States and critical high-tech manufacturing sectors worldwide.Gradiant continued to deliver for blue-chip leaders in the world’s essential industries for whom they have become the go-to water solutions partner, signing new agreements to design, build and operate flagship water treatment and wastewater recycling plants in the United States, Europe, Middle East, Africa, and Asia regions. A significant portion of the new orders are for high profile projects in the semiconductor and microelectronics industry in the United States and Asia, and for returning customers who are increasingly adopting more of Gradiant’s solutions based on positive experiences with the technologies and team. New orders in the first half of 2024 are with clients including Micron, STMicroelectronics, AB InBev, Coca-Cola, Nestle, Rio Tinto, Petronas, ADNOC, and Nama Water.
These agreements highlight the increasing demand from critical high-tech manufacturing, food and beverage, and heavy industrial sectors for solutions that reduce water consumption, reclaim valuable resources, and renew wastewater for return to nature. These deals showcase Gradiant's capability to support sustainable global development across various environmental, economic, and regulatory landscapes.
Industry uses up to 50% of the world's water. Gradiant offers a complete technology stack engineered to handle complex water and wastewater challenges for the world's essential industries, including food and beverage, pharmaceuticals, mining, renewables, and power. Gradiant solutions ensure that industrial partners achieve operational and sustainability efficiency goals at the lowest CAPEX and OPEX costs.
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