VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/27/13 -- Axine Water Technologies, developers of a low-cost, chemical-free solution for treating toxic organic pollutants in industrial wastewater, today announced that the Company has successfully completed six months of performance testing and validation of customer wastewaters using a 10 times scale-up of its proprietary electrolytic oxidation cell.
Working closely with industry leaders in the oil & gas, refining, and chemical markets, Axine was able to verify its breakthrough technology on real-world wastewaters containing aromatic acids, phenols, BTEX, hydrogen sulfide, and ammonia ranging in concentration from 900 to 9000 mg/L of Chemical Oxygen Demand (COD). Organics were oxidized to carbon dioxide, water, and nitrogen gas by hydroxyl radicals generated on the surface of Axine's proprietary catalyst, and the scaled-up cell achieved high efficacy treatment at low cost and low energy consumption - without the need for chemicals.
"This is an important milestone for Axine and the industrial wastewater treatment industry on the whole. Testing to date has confirmed that our novel approach to electrolytic oxidation treats the most difficult wastewaters with the potential to reduce chronic production bottlenecks and the high cost associated with conventional chemical oxidation or biological system approaches," said Jonathan Rhone, Axine President & CEO. "Market demand for a simple, low-cost, chemical-free solution for treating organics has been very strong and we remain on track to deliver a new, low-cost standard to market."
Wastewater performance and durability testing will continue at Axine's facility in Vancouver, Canada. The next phase in the Company's commercialization program is to complete scale-up and integrate cells into commercial pilot systems for on-site testing at customer facilities.
"In a very short period Axine has made significant progress towards commercializing its technology for a range of industrial wastewaters and markets," said David Kujawski, Vice President, Operations for Refinery Water Engineering & Associates, Inc. "There is significant opportunity for a high-performance advanced oxidation technology to establish a new industry standard for wastewater treatment. We believe Axine is on its way to becoming best-of-breed in this field."
Water security and re-use is a strategic issue for water-intensive industries resulting in increased demand for new technologies and business models. Global Water Intelligence forecasts that $120 billion will be spent on industrial water and wastewater systems between 2013 and 2018 with each heavy industry increasing their spending over 35% on average.
About Axine Water Technologies
Axine has developed a low-cost, chemical-free solution for treating toxic organic pollutants in industrial wastewater. Our proprietary electrolytic oxidation technology treats high concentrations of toxic, non-biodegradable organics, biodegradable organics, ammonia, pathogens, and some inorganics in a single step without requiring chemicals and without producing sludge. This enables customers in a range of industrial markets to significantly reduce the cost and improve the performance of their wastewater treatment. Today, the Company is working with oil & gas, refining, chemical, semiconductor, and other heavy industry customers to integrate its breakthrough technology into existing wastewater treatment plants with a longer-term vision to incorporate the technology into the design of new wastewater plants. For more information, please visit www.axinewater.com.
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