News | April 2, 2015

Ovivo Awarded A 10 Million Dollars Contract For A MBR System In North America

Source: Ovivo

Montreal, Canada - Ovivo Inc. (“Ovivo”) has been awarded a significant contract in the Municipal market in North America to supply a Membrane Bio-Reactor (“MBR”) system. MBR systems are widely considered as one of the best technologies available for wastewater treatment and reuse applications.

The contract value is over 10 million dollars and is one of many sales of MBR technology booked by Ovivo in the last two years, totaling more than 90 million dollars. The equipment is scheduled for delivery in 2016.

“This new contract further demonstrates Ovivo’s leadership position in the MBR space in North America, a market that has experienced steady growth over the last decade,” said Marc Barbeau, President and Chief Executive Officer. “Driven by increasingly strict legislation governing wastewater disposal, as well as the challenges faced by water-stressed regions, the MBR market has a strong growth potential and we are well positioned to capitalize on it,” added Mr. Barbeau.

About Ovivo Inc.
Ovivo Inc. is a global company dedicated to water and wastewater treatment. It offers comprehensive technological solutions, as well as services and equipment tailored to specific client needs. Ovivo operates in over 15 countries with more than 800 employees. Ovivo is a public company whose shares trade on the Toronto Stock Exchange under the ticker symbols OVI.A and OVI.B. www.ovivowater.com

Source: Ovivo