Sprintex meets performance targets in Mest Water compressor testing

0
jairus

September 13, 2024

Sprintex Ltd (ASX:SIX) managing director Jay Upton joins Proactive’s Tylah Tully to discuss the company’s progress at the Mest Water facility.

Sprintex has successfully met all performance targets during high-temperature testing of its custom-built compressors designed for Mest Water’s ammonia-reducing ZLD-Up systems.

The test confirmed the stability of the compressor under extreme conditions, reaching temperatures up to 90°C.

Following this success, Sprintex will deliver 20 compressor units to Mest Water’s launch customer, with the order valued at $1 million.

The company built a specialised test cell for this purpose, ensuring efficient testing of future projects.

The test results closely matched software simulations, validating the compressor’s performance and efficiency.

Sprintex’s testing facility is set to officially open in October, and the company aims to commission the compressors in Europe around the same time.

Mest Water’s customer requires 400 units in total, presenting a significant future opportunity for Sprintex. In addition, the broader market for Mest Water’s ZLD-Up system could generate up to $150 million in revenue for Sprintex over the next five years.

Mest Water, backed by the Dutch government, is accelerating production to meet the growing demand for ammonia-reduction technology across Europe and beyond.

Originally published on Proactive Investors, 30 Sep 2024

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