MIOX lands distribution deal with major water company
Oct 8, 2013, 2:37pm MDT
- Dan Mayfield
MIOX Corp. of Albuquerque has announced a new distribution agreement with Veolia Water Solutions and Technologies for cooling tower water treatment, wastewater reuse, industrial water treatment and downstream oil and gas water application.
MIOX, best known for making municipal water-treatment systems, also makes industrial cooling tower systems and systems that recycle water used in industry.
MIOX’s systems use salt and electricity to make chemicals that the company says can kill almost any bugs living in water. The industrial systems control bacteria and algae that can plague industrial applications.
The new partnership will bring MIOX’s systems to Veolia Water’s design and build projects for water and wastewater treatment. Veolia Water recorded 2.4 billion euro in revenue in 2012.
“This is an exciting development for Veolia,” said Nathalie Martin-Ionesco, global director of Hydrex, Veolia’s water-treatment chemicals division, in a news release. “MIOX technology brings a competitive edge to Veolia’s portfolio by effectively removing biofilm, reducing chemical usage and reducing carbon footprint.”
MIOX landed an undisclosed amount of venture capital investment from TEL Venture Capital in June.