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Axine Water Technologies Wins Most Promising Pre-Commercial Technology at 2015 Technology Impact Awards

Date: 
June 18, 2015

Awards recognize excellence in B.C. technology industry & highlight Axine’s potential to fundamentally change the industrial wastewater treatment industry

TIA AxineVANCOUVER, BCAxine Water Technologies, developers of a breakthrough, low-cost, chemical-free solution for treating high concentrations of complex, toxic organics and ammonia in industrial wastewater, today announced it won Most Promising Pre-Commercial Technology at the 2015 B.C. Technology Industry Association’s (BCTIA) Technology Impact Awards (TIAs). This marks the 22nd year the organization has been recognizing excellence in the B.C. technology industry and the first time an industrial wastewater treatment-related technology has won this particular award.

“The treatment of industrial wastewater is a $40 billion global industry that is undergoing a dramatic transition in the face of rising costs, tougher regulations, and scarcity of fresh water. More wastewater is generated today than at any time in history, and the composition of that wastewater is becoming more complex, toxic, and challenging to treat. New technologies and business models are required across the value chain to address these challenges,” said Jonathan Rhone, President and CEO of Axine Water Technologies. “We’re deeply honoured to be recognized by the B.C. technology industry for the potential of our technology to establish a new cost and performance standard worldwide.”

TIA
Axine President & CEO, Jonathan Rhone, receives TIA 2015 award for "Most Promising Pre-Commercial Technology"

Axine’s unique capability to treat high concentrations of non-biodegradable, toxic wastewater without chemicals and at a lower cost compared to conventional solutions centres around a proprietary electrolytic cell that effectively oxidizes a wide range of organics and ammonia converting them to carbon dioxide, water, and nitrogen gas. Toxic organics (and ammonia) are among the most difficult problems to solve in industrial wastewater but incumbent technologies and current practices – from on-site chemical oxidation to off-site incineration and deep well injection - are expensive, operationally complex, and have significant risks and long-term environmental liabilities. Based on real-world wastewater lab testing to date with global leaders in chemical manufacturing, oil and gas, refining, and other heavy industries, Axine has validated superior performance and economics of its novel electrochemical oxidation technology and expects to deliver its first field pilots later this year.  

About Axine Water Technologies

Axine has developed a breakthrough, low-cost, chemical-free solution for treating high concentrations of complex, toxic organics and ammonia in industrial wastewater solving a multi-billion dollar problem for large companies in a wide range of industries. Its energy-efficient, scalable system treats recalcitrant and non-biodegradable organics and some inorganics (up to 10,000 mg/L COD) at lower cost than conventional solutions while producing no waste. And due to its simple, modular design, it seamlessly ‘plugs into’ existing treatment plants, targeting specific pain points without disruption to current processes. This means for the first time, chemical manufacturing, pharmaceutical, semiconductor, oil refining, and other water-intensive industries can avoid the production bottlenecks, high trucking and disposal costs, water reuse limitations, and difficulties meeting increasingly tougher regulations that have plagued them for decades. For more information, please visit www.axinewater.com


MEDIA CONTACT:
                                           

Kristina Lee
Magnolia Marketing Communications
(778) 999-8562
klee@magnoliamc.com

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