FLC fluence corporation limited

From what I can see, Oxymem are miles behind us from an...

  1. 2,006 Posts.
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    From what I can see, Oxymem are miles behind us from an operational perspective. They have continued to work with impressive clients on innovative MABR-led projects and with invested partners such as Dow and Saudi Aramco, they will have doors open to them. However I agree with everyone else here that they are not even close to being able to execute an order like this in China. Certainly not economically, if it all. They still appear to be plodding through bespoke single-plant projects one by one and have never handled a cluster order or produced prefabricated versions of their tech en masse.

    The only link to a Chinese partner of any kind seems to be with an organisation called China CleanPath who’s logo is on their website among other partners.https://hotcopper.com.au/data/attachments/1770/1770958-7d1420dd6427d571ac0868f8ca0d6388.jpg
    https://hotcopper.com.au/data/attachments/1770/1770961-9c5bad01699526bf7613d9d4d2dc3be3.jpg

    They seem to be a cross-national cooperative between Shanghai and London with environmental aims in China. They claim to work with SOE’s but are not an EPC partner in their own right. As far as I can see Oxymem have never worked directly with a Chinese EPC partner whatsoever. They name large partners on their website such as Dupont and Acciona who, of course, have projects and operations in China, but there’s no sign of any work in the country.

    They’ve attended Aquatech China this year (tagging along at Dow’s exhibitor stand by the looks of things), and claim to have won an award in 2018 from Imagine H2O, a Singaporean accelerator for the water industry.

    Their position in China only serves to highlight the strides FLC have taken by comparison imo. Multi-year deals, increasing local factory output, assembly hubs built in conjunction with Provincial authorities, and distributed reference sites handling wastewater in a variety of different environments, growing domestic workforce across multiple domestic sites, and so on.

    I really feel we are the only show in town when it comes to employing MABR to capitalise on mass demand in China right at this moment, so when tenders like this appear, logic dictates that we’ll supply the tech. As I said before, an amazing position to be in.
 
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3.9¢
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Mkt cap ! $42.32M
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