Gradiant Achieves Strong Growth in Cleantech Water Treatment During the Pandemic
Oct 05, 2021
Gradiant, an end-to-end cleantech water treatment solutions provider, announced that it has secured 26 new projects in 2021 year-to-date (YTD) across the Asia Pacific (APAC) region. Four of the projects will be delivered as design-build-own-operate-manage (DBOOM) contracts for long-term concession periods of up to 20 years. The business growth demonstrates increased demand for advanced water & wastewater treatment during the prolonged COVID-19 pandemic.
The new contracts in 2021 YTD are a mix of high-profile clients in the industrial, municipal, and government sectors, including multinational brand owners. Eighteen of the 26 new projects in 2021 YTD are with new clients that have selected Gradiant for the first time to solve their complex water challenges. New applications for Gradiant’s technologies this year have been in lithium mining, semiconductor fabrication, and high complexity industrial wastewater reuse.
“Our business has thrived this year at Gradiant, despite the challenging market dynamics brought on by the COVID-19 pandemic,” said Prakash Govindan, Co-Founder and COO of Gradiant.
“We have adapted to the evolving needs of the market by taking on new clients to penetrate new strategic COVID-resistant market segments in semiconductors, mining, and personal protective equipment (PPE). Facilities equipped with Gradiant’s SmartOps™ asset management and remote monitoring & control systems continue to produce mission-critical water during the COVID-related travel and access restrictions. Since the onset of the pandemic in early 2020 until today, Gradiant has been awarded 56 new projects, delivering a total contract value of over $514 million USD. We are proud of these accomplishments while managing through the pandemic – these results are only possible because of the commitment and passion of our team and our customers.”
Gradiant is committed to the Asia Pacific region. Almost all Gradiant’s growth in 2021 YTD has been in Asia Pacific, where the region’s rapid urbanization and population growth have been driving the demand for clean and sustainable technologies. Gradiant won new contracts to build facilities for the first time in Indonesia, Vietnam, and even Antarctica. Gradiant’s team has grown from 250 people at the end of 2020, to about 350 people in 2021 YTD – almost all headcount growth has been in the Asia Pacific region, mainly in their Singapore Regional HQ and R&D Center.
Research from MSCI has indicated growing attention to sustainability among investors, who have recognized that companies with strong environmental, social, and governance practices in Asia are outperforming their counterparts. These regional trends suggest growing need for brand owners to adopt sustainable business practices, placing greater importance for cleantech solutions providers, such as Gradiant, to support their operations.
“We are experiencing another year of robust growth at Gradiant,” said Luke Johnson, CFO of Gradiant. “Growth remains consistently strong across our strategic market segments in semiconductors, mining, and pharmaceuticals, and our new contract wins support the market’s sustained demand for cleantech solutions and DBOOM concession agreements. We have proven this year that our acquisitions of Sigma Water (Malaysia) and CRS Water (Australia) in 2020 created synergies to access new customers, applications, and geographies, when married to Gradiant’s clean water technologies and project development and financing capabilities.”
More News and Articles
Jul 24, 2024
News
UK utilities place multiple orders for settlement tank technology
Northumbrian Water, Southern Water, and Dŵr Cymru upgrading wastewater sites
Three UK water utilities have agreed orders for the installation of a total of six conical settlement …
Jul 22, 2024
Article
Reusing wastewater, rethinking water: Maharashtra's roadmap
How Maharashtra turns wastewater into a resource
Water resource management is a critical issue globally, and in India, the state of Maharashtra is pioneering efforts to regulate and …
Jul 19, 2024
News
Kansas City advances fire hydrant leak detection technology
An acoustic fixed-base pipe monitoring technology that uses fire hydrants to host multi-sensor devices, has already found more than 30 leaks for Kansas City Water, says Lou Rossetti …
Jul 17, 2024
News
When two bores right a wrong
The Edge Underground team is adamant: there is always a risk of things going wrong on a trenchless project, even for the most prepared contractor.
Experience and having the right equipment can be the difference between …
Jul 15, 2024
News
Adapting to a region’s growing water and wastewater needs
Gippsland Water has completed two major projects to provide local communities with water security. Trenchless Australasia takes a look at the two projects helping increase water supply …
Jul 12, 2024
News
Connections made in Glastonbury
Difficult ground conditions called for a specialist solution when new PE pipes for potable water services had to be installed underneath two, 10-metre road crossings in the grounds of the UK’s ultimate music festival …
Jul 10, 2024
Article
The Water-Energy Nexus: Interdependence and Challenges
Niclas Andersson, CEO of AirWater2All, explains the connection between water and energy. The importance of this connection and the areas in which it needs to be considered are explained …
Jul 08, 2024
News
Minimising cultural impacts with trenchless technology
Yarra Valley Water is leveraging the benefits of trenchless technology to lessen impacts on the Upper Darebin Creek branch sewer project.
The project consists of building a 2.7km sewer pipe …
Jul 05, 2024
News
SprayWall: Reinforcing Underground Infrastructure with Unmatched Strength
In the trenchless technology industry, finding a rehabilitation solution that offers ease of installation and exceptional structural integrity is paramount.
For three decades, …
Jul 01, 2024
News
“Don’t let stereotypes hold you back”
Trenchless Australasia sat down with Rob Carr project manager Marie Piette to discuss her career and work at the microtunnelling contracting company.
From Norway to Cambodia and now Perth, Western Australia, …
Jun 28, 2024
News
Transforming Wastewater: Towards Climate-Neutral Sewage Treatment
Baden-Württemberg’s Minister President Winfried Kretschmann recently toured the Büsnau Training and Research Sewage Treatment Plant, where a pioneering project led by researchers …
Jun 26, 2024
News
Bothar advances with significant new contracts
Having commenced work on the Fitzroy to Gladstone Pipeline earlier this year, Bothar Boring and Tunnelling has announced the award of further contracts as part of its ongoing collaboration with …
Contact
Gradiant International Holdings
Meghan Moore
Communications Manager
Cleantech Park 1, 1 Cleantech Loop, 03-04
637141 Singapore
Singapore
Phone:
+65 6958 6930