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Sparkle Clean Tech has entered into a licensing agreement with Siemens Energy (SMNEY, Financials), granting the company access to a range of advanced technologies aimed at water and wastewater management for the oil and gas sector.
Among several treatment technologies, the deal covers intellectual property for Monosep Nutshell Filtration, Perfomedia adsorption, and Veirsep Flotation.
A statement claims that these solutions target oily water generated during oil and gas exploration and production, therefore tackling problems at primary, secondary, and tertiary levels. The solutions are meant to let operators lower running waste, satisfy ever strict environmental criteria, and increase efficiency.
Further systems in the portfolio include membrane-based treatment methods, corrugated plate separators, and liquid/liquid hydrocyclones. Sparkle Clean Tech underlined that these systems are a part of its continuous efforts to provide integrated, sustainable solutions to satisfy the demanding demands of its worldwide clientele.
The business underlined that the recently acquired technology will help it to be more competitive in the market and enable it to solve problems related to water and wastewater on a whole. Sparkle observed that clients in the oil and gas industry are looking for answers that strike a mix between environmental responsibility and efficiency more and more.
Siemens Energy's innovations should enhance Sparkle's current offering, which comprises ultrafiltration, reverse osmosis, desalination, and high-purity water systems. With uses throughout the Americas, Europe, Asia, and the Middle East, these solutions address a broad spectrum of businesses including lithium manufacture, microelectronics, and mining.
The strategic relevance of this cooperation was emphasized by the leadership of Sparkle Clean Tech. The statement covered how the technology will improve the company's capacity to provide value-driven solutions, therefore complementing its long-term sustainability and innovation in water and energy management.
The corporation also recognized the wider consequences of its sustainability-oriented projects and suggested that including Siemens Energy's solutions would not only satisfy consumer wants but also support worldwide environmental preservation projects.
This article first appeared on GuruFocus.