De.mem buys German water treatment business

Australian-listed water and wastewater treatment business De.mem (ASX: MEM) has bought German wastewater company Geutec Umwelt-und Ambwassertechnik GmbH based in Essen. The Singapore-Australian company announced it had bought a 75 per cent stake of Geutec , which operates in the European industrial market, complementing De.mem’s largely Australian and Asian mining and resources clientele. The purchase…

De.mem reports increased sales

Singapore-Australian water and wastewater treatment company, De.mem (ASX: DEM), achieved sales growth of 262 per cent in 2019, according to a company announcment. The company, which produces membrane filtration systems in Singapore and Queensland, recorded revenues of $10.5 million in the year, up from $2.9 million in 2017. De.mem chief executive, Andreas Kroell said: “(Calendar…

Massive pipeline project takes shape

Another 500 massive 1.8 metre diameter glass reinforced composite pipes are en route by ship from Adelaide to Townsville as part of the ambitious Haughton Pipeline Duplication Project. The second of six shipments, manufactured at RPC Group’s Adelaide factory, the Flowtite GRP pipes will make up a 36.5 kilometre pipeline from the Haughton Pump Station…