Clearford Water Systems (TSXV:CLIU) has announced the winning of the Frost & Sullivan 2017 Best Practices Award for Enabling Technology Leadership in the Decentralized Water and Wastewater Treatment Industry.
As quoted in the press release:
Access to the report is available at https://ww2.frost.com/files/2315/0282/8312/Clearford_Water_Systems_Inc_Award_Write_Up.pdf
Frost & Sullivan recognized the success of Clearford’s Fetherston project in Kemptville, Ontario, where delivery of a Clearford One® wastewater system with containerized membrane bioreactor treatment prevented the eviction of 80 residents from their homes because of health concerns over failing septic systems. Clearford’s Jambudiyapura sanitation project in India was also cited for its impact in making it the first open defecation free village in the State of Gujarat and leading to additional project opportunities in India.
“While most companies focus their attention on only improving the efficiency of the final/end treatment systems, Clearford focuses on optimizing the entire wastewater cycle including collection and treatment,” said Paul Hudson, Research Analyst at Frost & Sullivan. “By incorporating onsite primary treatment in decentralized ClearDigest® units, the efficiency and cost effectiveness of the entire wastewater system is greatly improved.”
“Through its Clearford One offering, Clearford has provided a one-stop solution for the entire wastewater treatment cycle, and its unique business model—the pay-for-performance financing scheme—has made the company a reliable and cost-effective solution provider,” he continued.
“Clearford’s future strategy for growth and market expansion is through acquisitions that will strengthen its ability to provide customized solutions that can cater to any end-user needs,” Mr. Hudson concluded.