SciDev do not have a solution for complex, "challenging to treat" brines like the csg brines produced in Queensland. While they are broadly speaking a peer, there appears to be only limited overlap to potential PPS (Industrial Operations) markets, and they are not competitors to PPT (Industrial Technologies)
SciDev is more of a Chemical Services company (22.3m in Quarterly revenue) than a Wastewater Solutions company (7.4m in quarterly revenue). Its wastewater solutions are more focused on technologies associated with traditional wtps and to address PFAS/PFOS in Australia. Its o&g operations are mainly chemical services to address the North American shale market.
PWN Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
