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Company News
Phoslock shrugs off COVID-19 impact with strong performance in China
In its quarterly update, Phoslock Environmental Technologies (ASX: PET) announced it had achieved a resilient performance in China while admitting the ongoing COVID-19 pandemic has affected the commencement date of most of its projects in Europe, the UK, Canada and the US. The water remediation company said its Chinese projects and factory production in Asia […]
Phoslock wins contract to treat Rio de Janeiro drinking reservoir, back to business in China
Phoslock Environmental Technologies (ASX: PET) has secured a $2 million contract in Brazil and has reported its Beijing office was back at work, with the company also expecting no delays or impact on its FY 2020 sales guidance as a result of the coronavirus. The water treatment company has obtained a $2 million contract to […]
Phoslock Environmental Technologies to produce new phosphorus absorption product for running waters
Environmental company Phoslock Environmental Technologies (ASX: PET) has signed a commercial-in-confidence agreement to manufacture, sell and distribute a re-usable phosphorus absorption product developed by a leading international university. The new product can be used to capture and remove phosphorus from running waters in wetlands, filter systems, rivers and canals, with a high capacity and selectivity […]
Phoslock Environmental Technologies wins more than tenfold expansion to Chinese water treatment project
Following outstanding results from an initial trial, Phoslock Environmental Technologies (ASX: PET) has been approved to expand its water treatment application by almost 11 times to cover the entire Xingyun Lake Watershed area in southern China. Over the past two months, the environmental specialist has been trialling its patented Phoslock product in the heavily-polluted Xingyun […]
Phoslock Environmental Technologies patented application achieves ‘excellent’ results in heavily polluted Chinese lake
After a trial on a heavily polluted lake in China, Phoslock Environmental Technologies’ (ASX: PET) patented Phoslock application has achieved “excellent” results. During the first four days of application, a 75% reduction in phosphorous was achieved without negatively affecting fish, plant life and humans. According to Phoslock, the trial results have been “excellent” on the […]
Phoslock Environmental Technologies moves to commercialise Chinese wetland project
Environmental company Phoslock Environmental Technologies (ASX: PET) has provided its shareholders with an optimistic business update including the news that work on a second wetland project in south Beijing is now underway. Sydney-based Phoslock was established in 2002 to provide innovative water technologies and engineering solutions to manage nutrients and other water pollutants and formed […]