2024 TIWW E-Newsletter Vol.01
中文AI Boom Drives Recycled Water: Taiwan International Water Week 2024 unveils the business opportunities
Faced with the growing demand for water resources, the global water treatment market is expanding at full tilt. According to the statistics from Straits Research, the size of the global water treatment market was valued at US$65.1 billion in 2023 and is expected to reach US$119.8 billion by 2032, with a compound annual growth rate of 7%.
SHOW NEWS
Energy Saving, Low Carbon, and Available for Reuse—Three Major Advantages of NOVAX's MVR Evaporation Technology
In the past, industrial wastewater was filtered, naturalized with chemicals, and then discharged or outsourced to waste management. The procedure was harmful to the environment and a great waste to water resource recovery. NOVAX's new MVR evaporation technology can make a difference. It enhances the efficiency of wastewater treatment and waste liquid concentration and offers clean reclaimed water at a very low cost. No chemical is required throughout the process, making it an environmentally friendly and cost-effective water treatment solution for all plants.
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INDUSTRY NEWS
Taiwan contractor wins NT$17.7 billion bid for Hsinchu desalination plant
Major Taiwanese turnkey contractor CTCI secured a NT$17.7 billion contract on Wednesday (June 26) to build a desalination plant in Hsinchu
Kaohsiung sewage plant selected as model for carbon neutrality
The National Land Management Agency (NLMA) has designated the Chimei sewage treatment plant as a national model for carbon neutrality, per Kaohsiung's Water Resources Bureau on Tuesday (June 11). According to a press release, the NLMA has allocated NT$70 million (US$2.16 million) to replace old equipment with energy-efficient alternatives and a solar power generation system. The project is expected to reduce annual carbon dioxide emissions by over 500,000 tons, per CNA.
