ABN Newswire http://www.abnnewswire.net Sun, 24 June 2018 09:55:39 newsroom@abnnewswire.net newsroom@abnnewswire.net 60 <![CDATA[ Fluence Corporation Ltd (ASX:FLC) Wins Major Contract with World Leading Steel Producer ]]> en93492 Y https://www.abnnewswire.net/press/en/93492/ Fri, 15 June 2018 08:30:11 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) announced today that it has received a EUR3.9M contract for a wastewater treatment and waste-to-energy system for its customer ArcelorMittal. Fluence will design and build these systems for ArcelorMittal's steel mill in Ghent, Belgium, using innovative anaerobic digestion technology to produce biogas from off-gas fermentation byproducts. The Fluence system is expected to be delivered, installed and operational onsite within 18 months. ArcelorMittal is the world's largest crude steel producer, accounting for 90 million tons of steel per year.

- System to be designed and built for ArcelorMittal, the world's leader in steel production

- Advanced system will produce biogas from steel mill byproducts

- First wastewater-to-energy project in steel industry for Fluence

This will be Fluence's first wastewater and waste-to-energy system designed specifically for use in the steel industry. Steel mill byproducts are notoriously difficult to treat to a grade that meets government effluent requirements. Fluence's team was able to achieve the client's desired effluent using advanced anaerobic digestion technology. By adding waste-to-energy treatment to the system, the biogas produced will be used to power the steel mill's operations, which will in turn lower the overall operating costs.

Fluence's Managing Director and CEO, Henry Charrabé said: "Our highly experienced team has adapted our advanced anaerobic digestion technology for this new application, bringing even more value to our customers. We hope this milestone project will be the beginning of introducing Fluence's capabilities for similar steel mill applications around the world. As part of our global product strategy, we have already sold a number of anaerobic systems developed by Fluence Italy in Europe and South America, including applications in the poultry and fish processing industries."

Carl De Maré, Vice President of Technology Strategy at ArcelorMittal, said: "We are excited that after several years of research and engineering, we are now progressing with the largest project of its kind within the ArcelorMittal group. This is the first application of a viable new business case where re-use of carbon is possible at large scale. We will achieve significant carbon reduction and we hope that this will lead us to a lower carbon economy. This new Carbon Smart technology illustrates ArcelorMittal's commitment to transforming steel production and it will also further strengthen steel's standing in the circular economy, particularly compared to other higher carbon metals like aluminum."

About ArcelorMittal (NYSE:MT)

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 18 countries. Guided by a philosophy to produce safe, sustainable steel, they are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.

In 2017, ArcelorMittal had revenues of $68.7 billion and crude steel production of 93.1 million metric tons, while iron ore production reached 57.4 million metric tons.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

See their press release for this project here: http://www.abnnewswire.net/lnk/96B8WD58

To view figures, please visit:
http://abnnewswire.net/lnk/F578MK27

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

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newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Secures Additional Aspiral Projects in China ]]> en93451 Y https://www.abnnewswire.net/press/en/93451/ Tue, 12 June 2018 08:30:45 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) is pleased to announce that it has executed a tripartite framework agreement with the Yiyang City Government and local partner Hunan Aerospace Kaitian Environmental Technology Company Ltd., a subsidiary of Hunan Aerospace ('Kaitian') for the deployment of three Aspiral(TM) smart-packaged MABR-based units (formerly known as C-MABR).

- Tripartite Framework Agreement signed with Yiyang City Government and Hunan Aerospace Kaitian Environmental Group

- Two additional smart-packaged Aspiral(TM) units contracted

- AspiralTM units to be deployed in three districts in Yiyang City

Commenting on this latest milestone for Fluence, Managing Director & CEO Henry Charrabé said: "Securing this agreement so quickly after the sale of the first Aspiral(TM) unit with Kaitian in this province reinforces our China partner strategy. Obtaining the potential endorsement from the Yiyang City Government would be the next key milestone for our growth in China, opening the door for other provincial governments to adopt AspiralTM as the standard for rural wastewater treatment."

The AspiralTM units so far contracted under the tripartite framework agreement will be deployed across three districts in Yiyang City, the first of which is undergoing installation and will be operational in Xielingang Township, New High Tech District, by the end of July.

Aspiral(TM) units were chosen for their reliable achievement of efficient Class 1A discharge, as well as their low energy, maintenance and space requirements. Following successful deployment of the three sites, Fluence's Aspiral(TM) solution could be endorsed by the Yiyang City Government to help meet its future planning requirements in order to comply by 2020 with the Chinese Government's 13th five-year plan.

Yiyang city Deputy Mayor, Mr. Anbang Hu commented: "We are very pleased with the co-operation between our government, Fluence Corporation and Kaitian. We are looking forward to the success of this project implementation, and also the further study, co-operation and contribution to Chinese rural wastewater treatment from our agreement."

China Areospace Kaitian Environmental Technology Co., Ltd. Chairman, Mr. Weiwu Song, said: "We value the trilateral co-operation among Yiyang Government, Fluence Corporation and Kaitian. The success of the signing today is an excellent start to a blueprint of beautiful Chinese rural construction. It is no doubt that wastewater treatment is a key direction in which we can accomplish a lot. We shall take this opportunity to look forward to more, deeper and wider co-operation together with the government of Yiyang and Fluence in the future."

To view figures, please visit:
http://abnnewswire.net/lnk/05CLKD1M

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

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newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Awarded Aspiral Wastewater Project in Yiyang City, China ]]> en93365 Y https://www.abnnewswire.net/press/en/93365/ Fri, 1 June 2018 08:21:24 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) announced today that it has secured a contract from the Yiyang City government for the deployment of an Aspiral(TM) L4 smart-packaged MABR-based solution (formerly known as C-MABR) for use in a municipal wastewater treatment plant. The plant will be located in Xielingang Township, Yiyang City, Hunan province, China.

- First Fluence MABR Plant in Hunan Province

- Fluence's first project with partner Hunan AeroSpace Kaitian Environmental Technology Company Ltd.

- Smart-packaged Aspiral(TM) L4 unit provides increased reliability, efficiency

This is the first contract won through Fluence's new local partner Kaitian Environmental Technology Company Ltd. Kaitian Environmental Technology Company is based in Hunan Province and its parent company is Hunan AeroSpace Company Limited, a state-owned company. Fluence's Aspiral(TM) L4 unit will treat 200 m3/d (50,000 GPD) and is scheduled to be commissioned as soon as July 2018. It is expected that this project will allow Fluence to leverage further opportunities through this partner in this region.

Commenting on another Aspiral(TM) award in China, Fluence Managing Director & CEO Henry Charrabé said: "I'm pleased to see yet another partner in Kaitian and the Yiyang City Government put their trust in Fluence and our Aspiral(TM) solutions. We continue to progress on our growth strategy in China with this sale of an Aspiral(TM) L4 in a new province and with a new partner. Considering the previous sale announced last month, it's clear we are building momentum toward our goal of capturing a sizeable portion of the rural wastewater treatment opportunity in China. Together with our partners, we are focused on making Aspiral(TM) the standard for reliably achieving efficient Class 1A discharge."

Commenting on its new partnership with Fluence, Kaitian Environmental Technology Company Executive Vice President, Mr Lan Bing Nan, noted: "Kaitian Environmental Technology Company Ltd. and Fluence have been working closely on the Yiyang City, Xielingang Township project of 200 m3/day, and we are confidently anticipating a successful implementation and continued future partnership."

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

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newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Annual General Meeting Presentation ]]> en93275 Y https://www.abnnewswire.net/press/en/93275/ Thu, 24 May 2018 16:16:59 GMT Fluence Corporation Ltd (ASX:FLC) (OTCMKTS:EMFGF) provides the Company's Annual General Meeting Presentation.

Fluence is Solving Water and Environmental Problems

- Clear signs of growing global water scarcity and contamination

- Fluence is focused on the decentralised market with a full suite of solutions

- Decentralised solutions deploy faster and cheaper - US$22B market by 2021(see Note below)

Fluence's Solutions Have Advantages Over Traditional Water Treatment Infrastructure

- CapEx and OpEx are inefficient

- Infrastructure takes too long to deploy

- Developed world: Rusting pipes and growing communities

- Very costly to upgrade

- Fast, cost effective 'plug and play' solution

- Remote monitoring and operation, substantially reducing OpEx

- Limited in-ground infrastructure

- Reduces water and energy demand

- Multiple decentralised plants help mitigate man-made or natural disasters

Our Strategy

- Focus on decentralised solutions to water and wastewater problems

- Migrate from legacy EPC projects to Smart Packaged Plants enabling more repeat orders, faster delivery and higher margins

- Secure growing BOT pipeline funded via debt partner increasing recurring revenue

- Target China's rural wastewater treatment opportunity with Aspiral(TM)

Smart Packaged Plants based on proprietary and patented MABR technology

- Leverage partners to accelerate pipeline, bookings and revenue growth

- Maintain high top-line growth and target EBITDA positive during 2019

Note: Source: Global Water Intelligence, Global Water Market 2017 Volume 1

To view the full presentation, please visit:
http://abnnewswire.net/lnk/8J952EGD

Fluence Corporation Ltd
T: +61-3-9824-5254
E: info@fluencecorp.com
WWW: www.fluencecorp.com

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newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Investor Roadshow Presentation May 2018 ]]> en93217 Y https://www.abnnewswire.net/press/en/93217/ Mon, 21 May 2018 08:26:14 GMT Fluence Corporation Ltd (ASX:FLC) (OTCMKTS:EMFGF) provides the Company's latest presentation at Investor Roadshow.

Executive Summary

- Clear signs of growing global water scarcity & contamination

- Decentralized solutions deploy faster, cheaper - US$22B market by 2021(see Note below)

- Fluence is focused on decentralized market, with a full suite of solutions

- Guidance of US$105-115M in 2018 revenues, up 80-100% from 2017

- US$95M in backlog at March 31 2018

- Target EBITDA positive during 2019

- US$58M in available cash at March 31 2018, under $2M in debt

- Proven management team and board - over 7,000 references in more than 70 countries

Strategy

- Focus on decentralized solutions to water & wastewater problems

- Migrate from legacy EPC projects to Smart Packaged Plants - this enables more repeat orders, faster delivery, higher margin

- Secure growing BOT pipeline funded via debt partner, which increases recurring revenue

- Target China's rural wastewater treatment opportunity with Aspiral(TM) Smart Packaged Plants based on proprietary and patented MABR technology

- Leverage partners to accelerate pipeline, bookings and revenue growth

- Maintain high top-line growth and target EBITDA positive during 2019

Note: Source: Global Water Intelligence, Global Water Market 2017 Volume 1

To view the full presentation, please visit:
http://abnnewswire.net/lnk/K528S891

Richard Irving
Executive Chairman
T: +1-408-382-9790
E: rirving@fluencecorp.com

Henry Charrabé
Managing Director & CEO
T: +1-212-572-3766
E: hcharrabe@fluencecorp.com

Gary Dvorchak
The Blueshirt Group
T: +1-323-240-5796
+86-138-1079-1480
E: gary@blueshirtgroup.com

Ronn Bechler
Market Eye
T: +61-400-009-774
E: Ronn.Bechler@marketeye.com.au

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Wins First Contract in Beijing ]]> en93048 Y https://www.abnnewswire.net/press/en/93048/ Thu, 3 May 2018 09:58:42 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) announced today that it has secured a contract from the Changping District government for the purchase of an Aspiral(TM) S1 smart-packaged MABR-based solution (formerly known as C-MABR) for use in a municipal wastewater treatment plant. The plant will be located in Changping District, Municipality of Beijing, Hebei province, China.

- Municipal wastewater treatment plant for Changping District government

- First MABR Plant in Beijing area and with new local partner Glory Land (Beijing) Science & Technology Co., Ltd.

- Effluent produced will outperform China's Class 1A standards

This is the first contract won through Fluence's new local partners Glory Land (Beijing) Science & Technology Co., Ltd., which will also provide the civil works. Once completed, the plant will be used by the Changping District government to treat domestic wastewater from an innovative underground treatment installation.

Fluence's Aspiral(TM) S1 unit is designed to treat wastewater to effluent standards which exceed Class 1A quality in order to comply with Beijing local standards. The unit will treat 20 m3/d (5,000 GPD) and is scheduled to be commissioned as soon as October 2018. It is expected that this project will allow Fluence to leverage further opportunities for its decentralized, smart-packaged wastewater treatment solutions in China's capital, which has the strictest effluent standards in all of China.

Commenting on this most recent award in China, Fluence Managing Director & CEO Henry Charrabé said: "Following yesterday's unveiling of the rebranding of our Aspiral family of wastewater treatment solutions, it gives me great pleasure to announce today that we continue to make progress on our growth strategy in China with this sale of an Aspiral(TM) S1 in a new province and with a new partner. We've standardized features and options of our packaged units that make these innovative solutions easy to customize, install, use, maintain, and even expand. We're confident that, within this family of products, we have a solution to satisfy any customers' need for any municipal domestic wastewater treatment challenge in China."

Commenting on its partnership with Fluence, Glory Land Chairman Mr. Huashan Wu, noted, "We believe that Fluence's MABR technology is advanced and are quite confident that it satisfies the Municipality of Beijing's increasingly stringent standards for effluent discharge. We believe this is the beginning of a fruitful partnership between Fluence and Glory Land".

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Unveils Its Aspiral(TM) Family of Wastewater Treatment Solutions ]]> en93029 Y https://www.abnnewswire.net/press/en/93029/ Wed, 2 May 2018 09:46:15 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) is pleased to unveil its Aspiral(TM) family of decentralized, smart packaged wastewater treatment solutions, based on its innovative Membrane Aerated Biofilm Reactor (MABR) technology. Fluence MABR is a spirally wound, self-respiring membrane that provides aeration for the wastewater process and functions as the biological reactor.

- Smart-Packaged MABR-based solutions provide decentralized treatment options for a range of capacities

- Fast deployment ideal for small towns, residential communities, resorts, hotels and commercial complexes

- Systems can produce Class 1A (China) and Title 22 (US) quality effluent for reuse

The Aspiral is a modular solution that reduces aeration energy consumption by up to 90% as compared to conventional wastewater treatment methods, making it ideal for small- to medium-sized installations serving small towns, villages, residential communities, resorts, hotels, and commercial complexes, among others. The Aspiral family of solutions offers several sized models, with treatment capacities per unit ranging from 20-350 m3/day (5,200- 92,000 GPD), depending on effluent requirements and design temperature. Additionally, containers may be connected in parallel to handle larger effluent flows.

The Aspiral(TM) L3, which treats up to 300 m3/day (80,000 GPD) of raw municipal wastewater, is equipped with all internal air and wastewater piping and arrives ready for fast installation and start-up. The Aspiral(TM) S1 and M2 models treat up to 50 m3/day (14,000 GPD) and 115 m3/day (30,000 GPD) of raw municipal wastewater, respectively, and include internal clarifiers, integral pre-treatment screen and arrive fully equipped and ready for fast installation and start-up.

Additionally, the systems have been designed and field tested to produce Class 1A (China) and Title 22 (US) quality effluent for reuse through an enhanced nutrient removal process, can be monitored and controlled remotely, require minimal maintenance and are designed for future expansion due to their modular nature.

To view figures, please visit:
http://abnnewswire.net/lnk/MSDOAEMT

Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) March 2018 Quarterly Report ]]> en92959 Y https://www.abnnewswire.net/press/en/92959/ Mon, 30 Apr 2018 08:25:58 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) is pleased to provide the following quarterly business update to the market alongside its Appendix 4C: Quarterly cashflow report for the three months ended 31 March 2018 (Q1 2018).

Key Q1 2018 highlights: On track to deliver accelerated growth in 2018

- Contract revenue backlog of US$94.9 million (including San Quintin) at 31 March 2018

o of which US$68.0 million is anticipated to convert into revenue in 2018, on top of US$10.2 million revenue generated in Q1 2018, with further revenues to come from the current sales pipeline and sales activities

- Achieved financial close for the US$48 million San Quintin, Mexico project, including 30-year-recurring revenues

- China market opportunity materialising - relationships and product awareness building with five operational reference sites and an additional sale through Jinzi of an MABR wastewater treatment plant for the local government of Zhenfeng County, Guizhou province

- Rapid deployment of Nirobox to a resort facility in Philippines foreshadows further opportunities in the region, while brackish water treatment Nirobox sales in Argentina highlight Nirobox's continued global expansion

- Strengthened management team with CFO and CMO appointments

- On track to deliver accelerated growth in 2018:

o Revenue expected to nearly double from 2017 to between US$105 million to US$115 million

o Gross profit expected to be between US$22 million to US$25 million.

Henry Charrabé, Managing Director and CEO of Fluence commented:

"Over the first quarter of 2018, Fluence has achieved new contract wins in new regions that will support our accelerated growth objectives for this year. We are investing in our partner relationships and have recently created the new role of Chief Marketing Officer to strengthen our global sales efforts and build on our existing partner relationships.

"The technologies Fluence has developed can be deployed cost-effectively, quickly and with more flexibility than alternative solutions available in the market. This was evidenced by the deployment of a Nirobox SW unit in the Philippines, which was installed and operational within one week of receiving the order.

"Water scarcity is a global issue that affects people and governments around the world. There are multiple opportunities in the pipeline and we expect this to build over time. It was encouraging that we were recently able to achieve financial close on the US$48 million San Quintin water desalination project in Mexico. In addition to the construction component, this project will also provide Fluence with recurring revenues from a 30-year operating and maintenance agreement."

To view the full report, please visit:
http://abnnewswire.net/lnk/8H91E5T0

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Annual Report to Shareholders ]]> en92898 Y https://www.abnnewswire.net/press/en/92898/ Thu, 26 Apr 2018 08:26:21 GMT The directors present their report for the consolidated entity consisting of Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) (formerly Emefcy Group Limited) and the entities it controlled at the end of, or during, the year ended 31 December 2017. Throughout the report, the consolidated entity is referred to as the Group.

Multiple milestones achieved in 2017

During 2017, Emefcy Group Limited successfully undertook the acquisition of the RWL Water Group, with all acquisition-related integration activities completed to form Fluence Corporation Limited. This has enabled Fluence to expand the global reach and market opportunities for its key products: desalination, wastewater treatment and wastewater-to energy.

Notable successes include:

- Innovation drove new market opportunities, including the first SUBRE product contract awarded to upgrade a centralised wastewater treatment plant in Israel. SUBRE enables compliance with tighter nitrogen discharge rules without using hazardous chemicals, while also increasing plant capacity and increase target markets;

- The Group's Chinese subsidiary was incorporated and its manufacturing facility in Jiangsu Province is now operating. First production of MABR Modules was achieved in September 2017;

- Progress in China with the signing of a framework agreement with partner Jiangsu Jinzi Environmental Science and Technology Company. The agreement contemplates the delivery of six Containerized Smart Packaged wastewater treatment plants based on Fluence's MABR technology (C-MABR);

- Exclusive memorandum of understanding (MOU) signed with an African nation to design and construct an advanced water treatment plant;

- EUR1.5 million contract signed with VINCI Construction Grands Projects (France) to supply three NIROBOX(TM) containerized seawater desalination units for the island of Mayotte;

- US Virgin Islands MABR installation received approval from the US Environmental Protection Agency;

- US$1.7 million contract executed with Irotop S.A., a leading Ecuadorian fish processing company, to purify wastewater from its tuna and sardine processing and packing plants;

- Agreement executed with Stanford University to deploy, test for compliance with USA environmental regulations and measure the performance of Fluence's MABR wastewater treatment technology at Stanford's Codiga Resource Recovery Center. The MABR demonstration unit was commissioned in Q1 2018; and

- Awarded the "2018 Global Decentralized Water & Wastewater Treatment Company of the Year" by Frost and Sullivan who noted the key benefits of Fluence's modular, decentralised systems, such as lower operating cost, easier maintenance, and lower capital outlays.

To view the full report, please visit:
http://abnnewswire.net/lnk/RY352U7O

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Q1 2018 Business Update to be Released on 30 April 2018 ]]> en92880 Y https://www.abnnewswire.net/press/en/92880/ Tue, 24 Apr 2018 08:51:35 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) will release its first quarter 2018 (Q1 2018) business update on 30 April 2018, alongside the Company's Appendix 4C. The ASX announcement will be available on the Company's "Investor Relations" page at http://www.abnnewswire.net/lnk/777X5H7L

Executive Chairman Richard Irving, Managing Director & CEO Henry Charrabé and CFO Francesco Fragasso will host an investor conference call to present the Company's quarterly business update at 11:00am AEST on 30 April 2018 (Sunday, 29 April 2018 at 9:00pm US Eastern Time).

For those wishing to dial into the call, please call your respective local number below:

- Conference ID: 1121390

- Participant Dial-in Numbers:

U.S. Toll-free: 1-866-548-4713

U.S. Toll/International: 1-323-794-2093

Australia Toll-free: 1 800 573 793

Israel Toll-free: 1809 212 883

A live webcast will be accessible on the Company's "Investor Relations" page at http://www.abnnewswire.net/lnk/6S632Z2S

Questions will need to be submitted electronically through the webcast interface: http://www.abnnewswire.net/lnk/7PY7QV89

Please contact investor@fluencecorp.com or info@fluencecorp.com with any questions.

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Limited (ASX:FLC) Awarded Contract for Innovative Reuse Water System in California ]]> en92698 Y https://www.abnnewswire.net/press/en/92698/ Tue, 10 Apr 2018 10:53:56 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) announced today that it has received a contract to deliver a water treatment reuse system to its customer Rosenblad Design Group (Rosenblad). Fluence's zero liquid discharge (ZLD) solution will utilize ultrafiltration and reverse osmosis equipment to treat brine for reuse. The system will be integrated and utilized as part of a larger turnkey water treatment project Rosenblad is installing in California. California is one of the largest water and wastewater treatment markets for Fluence.

- System to be provided to Rosenblad Design Group as part of larger turn-key system

- Features zero liquid discharge, ultrafiltration and reverse osmosis equipment and strengthens Fluence's positioning in USA

- Paves the way for potential future collaboration with Rosenblad

This will be Fluence's first ZLD system in the continental United States and is particularly significant for its location in California, where the local government has recently renewed the drought declaration and is once again implementing restrictions on water consumption. This water reuse system has benefits to the end user beyond the obvious environmental ones, which include the reduction of costly waste management and the increase in product recovery, capturing maximum utility from its resources. The market for water reuse in the US is expected to grow over the next couple of decades due to policy change, population growth and climate related challenges in water scarce regions (see Note below).

Fluence's Managing Director and CEO, Henry Charrabé said: "Our team is working closely with Rosenblad to support this project. Rosenblad is well known for its extensive experience as a leading provider of high quality evaporation technologies. Combined with Fluence's water process expertise, we trust this will be the first of many future joint projects between Fluence and Rosenblad."

Rosenblad President, Fredrik Thelander, added: "This project win is due to a very close collaborative effort between Rosenblad and Fluence. We selected Fluence as our partner due to their strong process knowledge within the water space. We look forward to working closely with Fluence, where we can utilize their expertise and technology, together with ours, in order to deliver a highly efficient zero liquid discharge system to meet the most stringent environmental regulatory requirements in California with an optimized operating cost solution for the end user."

The Fluence system is expected to be delivered, installed and operational onsite by the end of 2018.

About Rosenblad Design Group

Rosenblad Design group combines knowledge built on 80 plus years of experience as a premier manufacturer of evaporation systems and specialty heat exchangers with time tested equipment and service, backed with innovative thinking to allow RDG to lead the industry in new developments and process improvements. Actively serving the world with evaporation solutions and support through supply and service of over 500 installations across the globe, and strategically positioned with global sales and engineering offices to provide availability to every country, in every time zone, our people are experienced with most standards, requirements, and codes worldwide. Our commitment to evaporation system improvements has allowed us to contribute numerous notable industry advancements and patented products to deliver innovation to enhance modern day evaporation systems in performance and efficiency, while extending equipment service life, and reducing off-line maintenance. RDG is driven to be the authority for evaporation solutions and support, while achieving authentic client satisfaction through superior customer service, precision engineering, and high-quality products. We respect and appreciate the caliber of EVERY customer need, and we strive to exceed ALL expectations. For more information, visit http://www.rosenbladdesign.com

Note: Bluefield Research, LLC

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Achieves Financial Close for US$48 Million San Quintin, Mexico Project ]]> en92611 Y https://www.abnnewswire.net/press/en/92611/ Tue, 3 Apr 2018 08:19:21 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) is pleased to announce that it has reached financial close for its seawater desalination project for its customer, Comisión Estatal del Agua de Baja California (CEA), the State Water Commission of Baja California, to provide water for the town of San Quintin, Mexico.

- Fluence to build and operate a 22 million litre/day seawater desalination plant

- 30-year operating agreement in place prior to plant transfer

- Off balance sheet, non-recourse, project finance put in place

- High-volume water sales enhance Fluence's recurring revenue streams

This project is a milestone for Fluence, as it is the first off-balance sheet, non-recourse project funding arranged by the Company. For this US$48 million project, Fluence has arranged debt financing covering 75% of the project cost from the North American Development Bank (NADB). The remaining equity investment will be provided by Fluence in combination with its local partners.

The project calls for Fluence to build and operate a 5.8 million gallon/day (approximately 22,000 m3/day) seawater desalination plant. The Special Purpose Vehicle owned by Fluence and its local partners will sell the produced water to the area of San Quintin for the next 30 years, after which ownership of the plant will be transferred to the customer.

Like similar projects in Mexico, the San Quintin project faced legislative hurdles that delayed closing since the contract was initially awarded in 2015. Following the passage of local legislation by the government of Baja California in mid-December 2017, Fluence has now successfully achieved financial close.

Fluence expects to receive first disbursement and start construction as early as the beginning of the 3rd quarter of this year, subject to resolution of the local legislation appeal process, which could result in project commencement later in the second half of 2018. The Company expects the plant to be fully operational within 20 months of project commencement, after which water sales are expected to generate US$10 million of recurring annual billings for Fluence.

Commenting on this major milestone, Fluence Managing Director and CEO, Henry Charrabé said: "The San Quintin water desalination plant project is important for a number of reasons. It supports Fluence's projected revenue for 2018, reaffirms the Company's position as a project finance partner for our clients, and increases our recurring revenue base that will underpin future growth. We are targeting additional Build Own Operate Transfer projects later this year."

Commenting on this important project, NADB Managing Director Alex Hinojosa, said: "NADB is pleased to provide this financing for a second desalination plant in Baja California. As groundwater resources become increasingly strained, collaborating with all levels of government in finding the necessary solutions to provide safe water for human consumption and economic development is a priority for the Bank."

When completed, the San Quintin plant's capacity will serve over 100,000 residents in Baja California, a region the Mexican government has declared in drought since 2014. The plant will provide a safe and reliable source of water to San Quintin and neighboring communities in the municipality of Ensenada.

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Audited Financial Report 31 December 2017 ]]> en92602 Y https://www.abnnewswire.net/press/en/92602/ Tue, 3 Apr 2018 08:14:01 GMT The directors present their report for the consolidated entity consisting of Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) (formerly Emefcy Group Limited) and the entities it controlled at the end of, or during, the year ended 31 December 2017. Throughout the report, the consolidated entity is referred to as the Group.

Multiple milestones achieved in 2017

During 2017, Emefcy Group Limited successfully undertook the acquisition of the RWL Water Group, with all acquisition-related integration activities completed to form Fluence Corporation Limited. This has enabled Fluence to expand the global reach and market opportunities for its key products: desalination, wastewater treatment and wastewater-to energy.

Notable successes include:

- Innovation drove new market opportunities, including the first SUBRE product contract awarded to upgrade a centralised wastewater treatment plant in Israel. SUBRE enables compliance with tighter nitrogen discharge rules without using hazardous chemicals, while also increasing plant capacity and increase target markets;

- The Group's Chinese subsidiary was incorporated and its manufacturing facility in Jiangsu Province is now operating. First production of MABR Modules was achieved in September 2017;

- Progress in China with the signing of a framework agreement with partner Jiangsu Jinzi Environmental Science and Technology Company. The agreement contemplates the delivery of six Containerized Smart Packaged wastewater treatment plants based on Fluence's MABR technology (C-MABR);

- Exclusive memorandum of understanding (MOU) signed with an African nation to design and construct an advanced water treatment plant;

- EUR1.5 million contract signed with VINCI Construction Grands Projects (France) to supply three NIROBOX(TM) containerized seawater desalination units for the island of Mayotte;

- US Virgin Islands MABR installation received approval from the US Environmental Protection Agency;

- US$1.7 million contract executed with Irotop S.A., a leading Ecuadorian fish processing company, to purify wastewater from its tuna and sardine processing and packing plants;

- Agreement executed with Stanford University to deploy, test for compliance with USA environmental regulations and measure the performance of Fluence's MABR wastewater treatment technology at Stanford's Codiga Resource Recovery Center. The MABR demonstration unit was commissioned in Q1 2018; and

- Awarded the "2018 Global Decentralized Water & Wastewater Treatment Company of the Year" by Frost and Sullivan who noted the key benefits of Fluence's modular, decentralised systems, such as lower operating cost, easier maintenance, and lower capital outlays.

To view the full report, please visit:
http://abnnewswire.net/lnk/20550A1F

Fluence Corporation Ltd
T: +61-3-9824-5254
E: info@fluencecorp.com
WWW: www.fluencecorp.com

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Awarded Another Rural Wastewater Project in Guizhou Province, China ]]> en92532 Y https://www.abnnewswire.net/press/en/92532/ Mon, 26 Mar 2018 09:06:50 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) is pleased to announce that it has been awarded another contract to deliver its smart-packaged MABR technology solution (C-MABR), for a 1,000 m3/day wastewater treatment plant for the local government of Zhenfeng County, Guizhou province, China.

- Contract generated through repeat customer Jinzi

- Builds on original six C-MABR order under Jinzi's framework agreement

- Fast commissioning time helps secure contract win

The contract was generated through Fluence's local partner in China, Jiangsu Jinzi Environment Company (Jinzi), and is in addition to the order for six C-MABR plants under the companies' November 2017 framework agreement.

Fluence's technology will treat rural wastewater for the Zhenfeng County government utilising the company's C-MABR solution, which consistently meets China's Class 1A effluent standards. In addition to its state-of-the-art technology, Fluence was awarded the contract as a result of fast commissioning - delivery of the entire C-MABR plant, including tertiary treatment and supply of auxiliary supporting equipment, is scheduled to take place in just five weeks.

Commenting on this new contract in China, Fluence Managing Director & CEO Henry Charrabé said: "We are proud of our partnership with Jinzi and are happy to see our collaboration grow in China. Once again, we see that Fluence's C-MABR solution is well-suited for the rural Chinese wastewater treatment market, and we believe we are ideally positioned to capture a significant share of this market. Our ability to rapidly deliver reliable and cost-effective wastewater treatment solutions is recognised by clients and partners and was a key factor in this new contract award."

Commenting on this project, Jinzi Managing Director Xie Xiaodong said: "Jinzi is successfully expanding its wastewater business across China. We are confident that together with Fluence Corporation, we will continue our rapid growth in the environmental services industry. We have partnered with Fluence as we believe that their MABR technology will be widely applied to rural wastewater treatment in China in the near future. I hope that based on our concept of win-win cooperation, Fluence and Jinzi will have a broad, long-term and strategic cooperation in China rural wastewater treatment."

Fluence's C-MABR unit features modular engineering for quick and easy deployment, even in remote areas, energy-saving features and remote monitoring for ease of operation and maintenance. When completed, this Fluence C-MABR project will be part of the largest rural wastewater project in Zhenfeng county, Guizhou province, China.

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

]]>
newsroom@abnnewswire.net
<![CDATA[ Fluence Corporation Ltd (ASX:FLC) Announces US$8 Million in New Contract Wins Since 1 January 2018 ]]> en92280 Y https://www.abnnewswire.net/press/en/92280/ Tue, 6 Mar 2018 08:38:51 GMT Fluence Corporation Limited (ASX:FLC) (OTCMKTS:EMFGF) is pleased to announce that it has delivered US$8 million in new contract wins calendar year-to-date including the three NIROBOX(TM) orders announced on 1 March 2018. The new contracts were across the Company's growing global footprint, and further strengthened Fluence's market position in designated industries and geographies.

- Repeat orders received from customers in Italy and the USA

- Expansion of existing system for customer in Argentina

- Order received from Brazil's largest national pharmaceutical group

Commenting on Fluence's start to 2018, Managing Director & CEO Henry Charrabé said: "We are encouraged by the start of 2018, with US$8 million in new contracts written over the past eight weeks. The diversity of project sizes, scopes, industries and geographies speak to Fluence's role as a solutions provider for the complete water cycle across the globe. The mix of new and repeat customers reflects the quality of our products and services, and our focus in being a true partner to our customers."

The following new contracts outlined in this release, in addition to the new NIROBOX(TM) contracts (announced on 1 March 2018), are the major contracts within the US$8 million in new contracts secured by Fluence so far this year.

An important repeat customer in the agro-industry has once again entrusted Fluence Italy with the task of designing and implementing an upgrade and expansion of their aerobic treatment line. This is the twelfth project that Fluence Italy has won from this client since 2006, reflecting the reduction of costs achieved with Fluence's technologies and expansion of capacities for the client. Discussions are already on going with this client as they plan their next project with Fluence, to be implemented in 2019.

Fluence Argentina will design and deliver to Aguas Bonaerenses, S.A., among the largest municipal utilities in Buenos Aires, a reverse osmosis (RO) system as an expansion of 3,000 m3/day to their existing installation, with added filtration and treatment systems to aid in arsenic removal (a prevalent health issue in the area).

Fluence Brazil will design and deliver a turn-key wastewater treatment plant for industrial process reuse to Brazil's largest national pharmaceutical group. This group selected Fluence to provide this solution, utilising RO, ultra-filtration and MBBR, among other technologies, to supply 7.5 m3/hour of process water to their operation in Sao Paulo due to its recognised mastery of the technologies and practices relating to this application.

Another repeat customer, a renowned food and beverage industry client, has entrusted Fluence USA's equipment to upgrade their aeration process for an additional two lagoons, following last year's order which introduced them to Fluence's best-in-class Tornado Surface Aspirating Aerator/Mixer. The highly reliable nature of the equipment and service provided by Fluence enables this client to comply with local regulations in an efficient and cost-effective manner.

Corporate: 
Henry Charrabé (USA)
Managing Director & CEO
E: hcharrabe@fluencecorp.com
P: +1-212-572-3766 

Richard Irving (USA)
Executive Chairman
E: rirving@fluencecorp.com
P: +1-408-382-9790 

Ross Kennedy (Australia)
Company Secretary & Advisor to the Board
E: rkennedy@fluencecorp.com
P: +61-409-524-442

Investors (Australia):
Ronn Bechler
Market Eye
E: ronn.bechler@marketeye.com.au
P: +61-400-009-774

Media (Australia):
Tristan Everett
Market Eye, Market Eye
E: tristan.everett@marketeye.com.au
P: +61-403-789-096 

Investors & media (USA):
Gary Dvorchak, CFA
The Blueshirt Group
E: gary@blueshirtgroup.com
P: +1-323-240-5796 (US) or +86-138-1079-1480 (China)

]]>
newsroom@abnnewswire.net
<![CDATA[ Stellar Films Launches Sustainable Personal Care Films Made from Cardia (ASX:CNN) Biohybrid Technology ]]> en78730 Y https://www.abnnewswire.net/press/en/78730/ Thu, 20 Nov 2014 23:15:57 GMT Cardia Bioplastics Limited (ASX:CNN) (OTCMKTS:CDRBY) is pleased to announce that Australian Stellar Films and Cardia Bioplastics have partnered to produce environmentally friendly, high quality and cost competitive Biohybrid(TM) films tailored for the global personal care and hygiene products industry.

Stellar Films are an international manufacturer of finest quality films that fully meet their customers' needs, including films for the disposable nappy/diaper, feminine hygiene, incontinence and medical disposable markets including films for packing of surgical instruments, surgical drapes and gowns.

Cardia Biohybrid(TM) proprietary technology combines renewable thermoplastics with polyolefin material to reduce dependence on finite oil resources and lower carbon footprint. The Biohybrid(TM) film produced on Stellar Films proprietary cast film process exhibits a high performance property profile. It is differentiated through its unique soft touch and warm feel that is ideal for personal care product applications like nappies/diapers, feminine or incontinence products.

Stellar Films will launch the Biohybrid(TM) film range as environmentally friendly product expansion aimed at capturing a share of the three hundred million dollar hygiene product films market. Stellar Films new range of Biohybrid(TM) Films will be launched at Outlook Asia 2014, the world's premier non-woven personal care products conference in Singapore commencing 26 November 2014.

Please find attached the media release.
http://media.abnnewswire.net/media/en/docs/78730-ASX-CNN-828887.pdf

Cardia Bioplastics Limited
F: (03) 9813 2668
WWW: www.cardiabioplastics.com

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newsroom@abnnewswire.net
<![CDATA[ Cardia Bioplastics (ASX:CNN) Receives IAIR Green Excellence Award ]]> en76708 Y https://www.abnnewswire.net/press/en/76708/ Mon, 3 Mar 2014 13:37:30 GMT Cardia Bioplastics Limited (ASX:CNN) is pleased to announce that it has been awarded the IAIR Green Excellence Award. IAIR Awards is one of the world's leading ranking and prize for excellence in global economy and sustainability.

After conducting a global survey of 50,000 readers, the IAIR - Global Economy & Sustainability announced Cardia Bioplastics as the winner in the category of Leadership in Innovation & Sustainability in Packaging for Asia Pacific.

For a company with humble beginnings in Australia that has grown to an international leader in bioplastics, this Award is further confirmation of Cardia's ability to develop leading sustainable solutions.

With an intellectual property portfolio of 11 patent families and 12 patents so far granted in key markets, Cardia, with its customers, has commercialised a wide range of innovative productsmadewith its proprietary bioplastics technology. Products include air cushion packagingmade fromrenewable resources, compostable ice cream sticks replacing wooden ones, soft and compostable nappy product and packaging films, compostable food and coffee packaging, cutlery made from renewable resources for snack food industry, Biohybrid films for bulk water packaging replacing rigid plastic containers, cosmetics and nutritional packaging made with less oil.

Dr Frank Glatz, Cardia Bioplastics Managing Director who received the Award on behalf of Cardia in Hong Kong on 28 February said, "We are very excited to have been awarded the IAIR Green Excellence Award in Sustainable Packaging. It really does cement Cardia's reputation for leadership in innovation and sustainability in packaging."

"We hope that this will demonstrate the diversity and long term possibilities of bioplastics," continues Dr Glatz.

The Awards ceremony will be followed by an IAIR AWARDS 2014 road show, which will see Awards recipients promoted at the London Stock Exchange, in New York and São Paulo.

Cardia Bioplastics is in good company, with past IAIR award recipients including companies such as Toyota, Panasonic, Johnson & Johnson, Danone, L'Oreal, Sony, Adidas, Canon, Samsung, Ikea, Harvard, Mayo Clinic, UPS, Siemens, Nestlé, Microsoft, Starbucks, Deutsche Bank, Morgan Stanley, Bank of China, Rockefeller, Rothschild, Vodafone, Novartis, BASF, Daimler, Royal Dutch Shell, Christian Dior, FedEx, Cartier and Citibank.

Dr Frank Glatz
Managing Director
Cardia Bioplastics
+61 400 930 530
f.glatz@cardiabioplastics.com

Nadya Krienke-Becker
Global Head of Marketing
Cardia Bioplastics
+61 414 672 863
n.krienke-becker@cardiabioplastics.com

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newsroom@abnnewswire.net
<![CDATA[ Cardia Bioplastics (ASX:CNN) Develops Innovative Biohybrid(TM) Films Technology for Bag-in-Bag Water Packaging ]]> en76692 Y https://www.abnnewswire.net/press/en/76692/ Thu, 27 Feb 2014 15:03:45 GMT Cardia Bioplastics Limited (ASX:CNN) is pleased to announce that it has developed proprietary Biohybrid(TM) packaging films tailored to the innovative bag-in-bag water packaging process. Australian BOS Water and Canadian Yukon Spring have launched their 'Bag-of-Spring Water' offering made from Cardia Biohybrid(TM) packaging in the Australian and Canadian markets.

Cory Reeve, Manager of BOS Water, stated: "We have launched our 'Bag-of Spring Water' offering in the Australian water distribution market. Our BOS Water bulk packaging redefines the entire bulk water supply chain. Replacing the traditional polycarbonate rigid bulk water bottles with our single-use Biohybrid(TM) bag solution, delivers commercial and environmental benefits to our spring water customers. This is of particular benefit to our mining and oil and gas customers operating in remote locations where the supply chain management of traditional rigid plastic bottles is particularly challenging and costly."

Paul Sheridan, President of Yukon Spring Inc., expanded: "Yukon Spring water is nowavailable to be delivered to water coolers in a bag-in-bag format. We at Yukon Spring have chosen Cardia Biohybrid(TM) Bag-in-Bag packaging films as they are tailored to our bagged water production process and deliver exceptional Bag-in- Bag product performance. This single-use water bag is financially and environmentally attractive to our customers. They save the deposit on bulk water bottles and the hassles of managing bottle returns. In addition, the Biohybrid(TM) water bag offering is good for the environment as they are made with less oil and deliver a much lower carbon footprint than conventional packaging options.

"We are excited to be launching our Biohybrid(TM) packaging films with BOS Water and Yukon Spring in the Australian and Canadian water distribution markets," said Cardia Bioplastics Managing Director Dr Frank Glatz. "Collaborating with these innovative companies presented an exciting opportunity to develop high performance packaging with lower environmental impact. The bag-in-bag water packaging application expands the commercial successes of our Biohybrid(TM) packaging and further validates the commercial appeal of our unique patented resin technology. There are significant opportunities in extending the application of the Bag-in-Bag system to other bulk beverage and liquid product dispensing systems."

"In addition to offering a product with beneficial environmental profile and full food safety compliance, delivering superior packaging performance through the product life cycle is a key criterion for success."

The global bottled water market has seen a remarkable and continued annual growth, with much of the growth in global still water consumption been driven by water for coolers and other bulk formats. In 2012, retail sales of bottled water in Canada reaching 2.3 billion litres, while value grew 3% to reach C$2.3 billion.

Bottled water sales in Australia generated A$1.4 billion in 2012, an increase of just over 3% in current value terms compared to the previous year. The Asian/Australasian region is second only to Western Europe in terms of volume consumption and is the fastest growth region across the globe. In terms of per capita consumption, the highest is in Australia, Indonesia and South Korea.

About BOSWater

BOS Water is a subsidiary of Pacific Springs, a Family Owned and established company we don't only strive on providing the purest, most refreshing spring water possible but we also strive on the satisfaction of our customers. BOS Water Natural Spring Water & Filtration Systems have been in business since 1995, established by Shane & Debbie Reeve who are still the operating Directors of the company.

About Yukon Spring

Yukon Spring Inc based inWhithorse, Yukon, is a Canadian water business selling world class quality potable drinking water. Established in 1988, Yukon Spring is a family owned and managed company committed to product quality and superior customer service.

To view photographs, please visit:
http://media.abnnewswire.net/media/en/docs/76692-ASX-CNN-785278.pdf

Dr Frank Glatz
Managing Director
Cardia Bioplastics
+61 400 930 530
f.glatz@cardiabioplastics.com

Nadya Krienke-Becker
Global Head of Marketing
Cardia Bioplastics
+61 414 672 863
n.krienke-becker@cardiabioplastics.com

]]>
newsroom@abnnewswire.net
<![CDATA[ Cardia Bioplastics (ASX:CNN) (OTCMKTS:CDRBY) Compostable Resin and Process Secures Patents in USA ]]> en76672 Y https://www.abnnewswire.net/press/en/76672/ Mon, 24 Feb 2014 10:27:36 GMT Cardia Bioplastics Limited (ASX:CNN) (OTCMKTS:CDRBY) is pleased to announce that it has secured patent protection for its Cardia Compostable resin family of products from the United States Patent and Trademark Office. The U.S. patents 8,067,485 and 8,232,348 were granted for Cardia's unique and innovative compostable resin formulations and production processes.

Highlights:

- United States Patent and Trademark Office grants patents for Cardia Compostable resin and process
- Intellectual Property underpins commercially successful Cardia Compostable product range
- Cardia Bioplastics' technical differentiation endorsed with patents
- Cardia capitalises on growth of bioplastics in the North American market

To view the media release, please visit:
http://media.abnnewswire.net/media/en/docs/76672-ASX-CNN-784088.pdf

Richard Tegoni
Chairman
Cardia Bioplastics Limited

Cardia Bioplastics Limited
F: (03) 9813 2668
WWW: www.cardiabioplastics.com

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newsroom@abnnewswire.net
<![CDATA[ Cardia Bioplastics (ASX:CNN) Wins Waste Management Supply Contract Into Nanjing,China ]]> en76650 Y https://www.abnnewswire.net/press/en/76650/ Mon, 17 Feb 2014 11:47:53 GMT Cardia Bioplastics Limited (ASX:CNN) is pleased to announce that it is has been selected as preferred supplier of waste management products by the Nanjing Jianye District. Cardia received the first quarter order of A$250,000 for the supply of Cardia waste management bins and Cardia Biohybrid(TM) kitchen waste bags to the individual households of this region with a forecast of A$1 million annual supply requirement. Cardia Biohybrid(TM) kitchen waste bags are made with Cardia's proprietary Biohybrid(TM) technology that uses less oil, is cost competitive and delivers a lower carbon footprint compared to conventional plastics.

The contract win follows the successful one-year trial of Cardia products in Nanjing's various city districts. Nanjing Jianye District is the first city district to have moved forward with full commercial roll out of their organic waste diversion programme using Cardia products. Nanjing's other district councils are at various stages of their trial programmes, with several councils expected to progress to full-scale implementation. With a population of over 6 million, Nanjing is actively moving towards organic waste diversion.

Dr. Frank Glatz, Managing Director of Cardia Bioplastics said: "This marks an important milestone for Cardia Bioplastics waste management products business in China and builds on the existing A$1.2 million annual supply contract with Shanghai Pudong. The success of winning these contracts is a result of our superior product technology, validation of product performance and effective supply capability by our manufacturing plant in Nanjing, China. Based on the trial programmes that are already in progress in other districts in China we are confident in our corporate strategy of securing additional long-term contracts."

Mr. Jacky Chen, Cardia Bioplastics Global Director of Sales and Head of China Operations stated: "We are delighted with this outcome and will continue to develop and maintain strong Government relationships to work with China City Councils towards managing household waste sustainability and reducing their environmental footprint."

Cardia also has a certified compostable product offering in its organic waste management business, which is delivering sales in Australia, New Zealand, Malaysia, Canada, USA, Brazil and the UK.

The Nanjing waste management contract continues to build on Cardia's growth, with recent announcements made regarding supply contract wins with Brazilian Ricoy supermarkets and Cardia's Bag and Film production expansion.

About Nanjing Jianye District

Nanjing is the capital of Jiangsu province in eastern China. With a population of over 6 million, Nanjing is the second-largest commercial centre in the East China region. Nanjing Jianye is one of 13 districts of Nanjing City. Jianye is characterized by its long history, its green environment and its commercial leadership position. It is currently being developed into a modern district with a wide range of high technology industries. Nanjing city will host the 2014 Summer Youth Olympics with its Olympic Sports Centre located and key activities taking place in Jianye District.

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Cardia Bioplastics Limited
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WWW: www.cardiabioplastics.com

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