FOR IMMEDIATE RELEASE No. 3616
TOKYO, July 19, 2023 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund* has invested in Hydroleap Pte. Ltd., a Singapore-based startup company that provides the wastewater treatment solutions, as the fifth investment.
Southeast Asia, also known as the "factory of the world," is facing a serious water pollution problems caused by industrial effluents. Effluent-related problems cover a wide range of business activities including plant operations, oil and gas refining, construction work, and data center maintenance and management. The industrial effluents produced in these activities may contain highly toxic heavy metals, high levels of organic substances, persistent substances, and so on. While wastewater effluent standards are becoming stricter each year, existing biotreatment approaches are no longer sufficient for meeting these standards. Electrolytic methods are attracting attention as a means to supplement biotreatment in the wastewater treatment process.
Hydroleap specializes in two types of wastewater treatment technology - Electrocoagulation (HL-EC) and Electrooxidation (HL-EO). The company focuses on research and development of cost-effective, environmentally friendly wastewater treatment technologies, and manufactures and sells wastewater treatment solutions to help create a sustainable society.
To solve the industrial wastewater problems in Southeast Asia, Mitsubishi Electric and Hydroleap will work together to promote the widespread use of electrical wastewater treatment solutions.
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