Evoqua Water Technologies Opens New Manufacturing Facility in Singapore to Support Growth in APAC

Rhea-AI Summary

Evoqua Water Technologies (NYSE: AQUA) has opened a new 19,000 sq. ft. manufacturing facility in Singapore, aimed at enhancing production capabilities in response to the rising demand for innovative water treatment solutions in the Asia-Pacific (APAC) region. This facility will serve as the global manufacturing hub for Evoqua's Ionpure® Continuous Electrodeionization (CEDI) products, primarily targeting microelectronics and pharmaceutical industries. The opening is projected to create around 30 new jobs in Singapore.

Positive

• New manufacturing facility established in Singapore to meet growing APAC demand.
• Facility to produce Ionpure® Continuous Electrodeionization (CEDI) products, a leading technology in water purification.
• Approximately 30 new jobs expected to be created in the local market.

Negative

• None.

New facility focused on manufacturing innovative water solutions to support demand in APAC markets

PITTSBURGH & SINGAPORE--(BUSINESS WIRE)-- Evoqua Water Technologies (NYSE: AQUA), a leader in mission-critical water treatment solutions, recently celebrated the opening of its new manufacturing facility based in Singapore, furthering the company's investment in Asia-Pacific (APAC) as demand continues to grow for innovative water treatment solutions in the region.

Ron Keating, Evoqua's Chief Executive Officer (right), was joined by Govindan Alagappan, Evoqua's VP and Managing Director for APAC (left), Hervé Fages, Evoqua's Executive Vice President and Applied Product Technologies Segment President (center left), and Keng Hoo Yeo, Operations Director for Evoqua (center right). (Photo: Business Wire)

The 19,000 square foot state-of-the-art facility will be the global manufacturing facility for Evoqua's Ionpure® Continuous Electrodeionization (CEDI) products. Evoqua's Ionpure brand was the first to commercialize CEDI for water purification, a chemical-free, self-regenerating technology that provides a consistent flow of high-quality deionized water.

The new facility supports efforts to localize production to better serve the increasing demand for ultrapure water solutions in the APAC region, predominately in the microelectronics and pharmaceutical industries. The new facility is expected to bring approximately 30 jobs to the region.

"The establishment of this new manufacturing facility supports Evoqua's growth and market development plans for the Asia-Pacific market," said Ron Keating, Evoqua's Chief Executive Officer. "Our expanded presence allows us to meet the growing needs of the APAC market, strengthening our commitment to helping our customers across the region address their critical water treatment needs."

To inaugurate the event, Mr. Keating was joined by Hervé Fages, Evoqua's Executive Vice President and Applied Product Technologies Segment President, for the ceremonial ribbon-cutting event hosted on June 7, 2022.

About Evoqua Water Technologies

Evoqua Water Technologies is a leading provider of mission-critical water and wastewater treatment solutions, offering a broad portfolio of products, services, and expertise to support industrial, municipal, and recreational customers who value water. Evoqua has worked to protect water, the environment, and its employees for more than 100 years, earning a reputation for quality, safety, and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 150 locations across nine countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life.® To learn more, visit www.evoqua.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220609005307/en/

Media

Sarah Brown, 506-454-5495 (office)

sarah.brown@evoqua.com



Investors

Dan Brailer, 724-720-1605 (office)

412-977-2605 (mobile)

dan.brailer@evoqua.com

Source: Evoqua Water Technologies

FAQ

What is the significance of the new manufacturing facility opened by Evoqua (AQUA) in Singapore?

The new facility enhances Evoqua's production capabilities to meet increasing demand for water treatment solutions in the Asia-Pacific region.

What products will be manufactured at the new Evoqua facility in Singapore?

The facility will manufacture Ionpure® Continuous Electrodeionization (CEDI) products for water purification.

How many jobs will the new Singapore facility create?

The new facility is expected to create approximately 30 jobs in the region.

When was the new Evoqua manufacturing facility in Singapore inaugurated?

The facility was inaugurated on June 7, 2022.