SciDev awarded $3.15 million PFAS water treatment contract

Water treatment company SciDev has announced a new contract worth $3.15 million to design, build and integrate a plant into a Cleanaway Waste Management facility in Victoria.

The project will treat water for per- and poly-fluoroalkyl (PFAS) contaminants at an existing liquid waste facility, said SciDev in an ASX statement on Thursday. 

PFAS are a group of over 4,000 chemicals that have been used in consumer products since the 1950s, though have more recently been identified as harmful.

SciDev added that the second contract with Cleanaway continued acceptance of the company’s PFAS treatment technology – able to treat PFAS to below detectable limits — by blue-chip clients.

Revenue from the new contract was expected to commence in Q4 FY23, and the plant to be commissioned in November.

“The ability to extend our relationship with Cleanaway into a new region reflects our continued success and reputation to provide reliable and cost-effective water treatment solutions to our [clients],” said CEO, Seán Halpin. 

“With a large domestic and global addressable PFAS remediation market, we believe the growing demand for our technology will drive significant revenue uplift in the medium term.”

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