GUELPH, Ontario, Oct. 12, 2011 - ENPAR
Technologies has entered into a Memorandum of Understanding (MOU)
with Miahona (www.miahona.com)
of the Kingdom of Saudi Arabia to develop markets for ENPAR's
array of water treatment technologies in Saudi Arabia and other
regions of the Middle East .
A fully-owned subsidiary of the Arabian Company for Water
and
Power Development Ltd. (ACWA Holding - www.acwaholding.com),
Miahona provides management services for urban utilities
(management and concession) for water supply, waste water
collection and treatment facilities.
The Company develops, owns and operates waste water
treatment plants based on EPCO/BOO/BOOT/BOT models. As a leading
integrated company, Miahona also offers urban utilities engineering
consultation in water and wastewater disciplines in the Kingdom of
Saudi Arabia and the Middle East & North Africa region.
Miahona specializes in the design, build
and operation of
environmentally responsible water treatment and reuse
projects.
Miahona's scope of business includes contract and concession
management in the fields of water supply, the development and
treatment of groundwater resources and treatment of waste
water.
It has been reported that the Middle East and North Africa
region supports 5 percent of the world's population with less than
1 percent of the global, available water supply. The value of the
reuse market in Saudi Arabia is estimated at USD $3.4 billion for
the period 2009 - 2016, making it the third largest water reuse
market in the world.
Saudi Arabia's advanced treated water reuse capacity is growing
at an annual rate exceeding 30 percent and is expected to reach 2.2
million cubic meters per day by 2016 from its reported, current
level of 260,000 cubic meters per day.
Designed to achieve high rates of contaminant removal and
water
recovery, the ENPAR array of innovative water treatment
technologies represent immediate, sustainable solutions to assist
Miahona to address the Kingdom's environmentally conscious
municipal and industrial wastewater discharge regulations.
"The Kingdom of Saudi Arabia has one of the fastest growing
economies in the Middle East, and the wastewater and water reuse
issues need to be addressed now in order to sustain this rapid
growth over the next five years," said Professor Walid A.
Abderrahman, Chairman of Miahona.
"We are pleased to be working with ENPAR, a leader in
electrochemical water treatment technologies. We anticipate that
ENPAR will deliver innovative and advanced water solutions for the
Kingdom, as part of our commitment to continue investing in
projects focused on increasing the supply of usable water for the
country."
Miahona will identify specific applications and facility
locations
for ENPAR systems. The anticipated implementation of a formal
agreement is expected to provide impetus to secure orders for ENPAR
water treatment technologies.
Dr. Shelp commented, "This MOU represents a significant business
opportunity for ENPAR to work closely with a world class
organization which is acknowledged for its business achievements in
the water and energy sectors in the Kingdom of Saudi Arabia and
other regions of the Middle East."
ENPAR expects that Miahona will identify numerous prospects
which will result in the near-term deployment of our products
within Miahona's sphere of operation. About ENPAR Technologies
Inc.
ENPAR is a "Technology Company" applying "Electrochemical
Technologies" to the treatment of waste water, desalination
water and drinking water contaminated by metals or nutrients,
i.e., nitrate/ammonia associated with the mining, metal processing,
chemical, agricultural, municipal and waste management
sectors.