{"id":7049,"date":"2021-09-14T00:00:00","date_gmt":"2021-09-14T00:00:00","guid":{"rendered":"https:\/\/www.gradiant.com\/gradiant-achieves-strong-growth-in-cleantech-water-treatment-during-the-pandemic-2\/"},"modified":"2025-10-22T17:01:00","modified_gmt":"2025-10-22T21:01:00","slug":"gradiant-achieves-strong-growth-in-cleantech-water-treatment-during-the-pandemic-2","status":"publish","type":"post","link":"https:\/\/www.gradiant.com\/ko\/press-release\/gradiant-achieves-strong-growth-in-cleantech-water-treatment-during-the-pandemic-2\/","title":{"rendered":"Gradiant Achieves Strong Growth in Cleantech Water Treatment during the Pandemic"},"content":{"rendered":"
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SINGAPORE, September 14, 2021 \u2013<\/strong>\u00a0Gradiant, an end-to-end cleantech water treatment solutions provider, announced that it has secured 26 new projects in 2021 year-to-date (YTD) across the Asia Pacific (APAC) region.\u00a0 Four of the projects will be delivered as design-build-own-operate-manage (DBOOM) contracts for long-term concession periods of up to 20 years.\u00a0 The business growth demonstrates increased demand for advanced water & wastewater treatment during the prolonged COVID-19 pandemic.<\/p>\n

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The new contracts in 2021 YTD are a mix of high-profile clients in the industrial, municipal, and government sectors, including multinational brand owners.\u00a0 Eighteen of the 26 new projects in 2021 YTD are with new clients that have selected Gradiant for the first time to solve their complex water challenges.\u00a0 New applications for Gradiant\u2019s technologies this year have been in lithium mining, semiconductor fabrication, and high complexity industrial wastewater reuse.<\/p>\n

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\u201cOur business has thrived this year at Gradiant, despite the challenging market dynamics brought on by the COVID-19 pandemic,\u201d said Prakash Govindan, Co-Founder and COO of Gradiant.\u00a0 \u201cWe have adapted to the evolving needs of the market by taking on new clients to penetrate new strategic COVID-resistant market segments in semiconductors, mining, and personal protective equipment (PPE).\u00a0 Facilities equipped with Gradiant\u2019s SmartOps\u2122 asset management and remote monitoring & control systems continue to produce mission-critical water during the COVID-related travel and access restrictions.\u00a0 Since the onset of the pandemic in early 2020 until today, Gradiant has been awarded 56 new projects, delivering a total contract value of over $514 million USD.\u00a0 We are proud of these accomplishments while managing through the pandemic \u2013 these results are only possible because of the commitment and passion of our team and our customers.\u201d<\/p>\n

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Gradiant is committed to the Asia Pacific region.\u00a0 Almost all Gradiant\u2019s growth in 2021 YTD has been in Asia Pacific, where the region\u2019s rapid urbanization and population growth have been driving the demand for clean and sustainable technologies.\u00a0 Gradiant won new contracts to build facilities for the first time in Indonesia, Vietnam, and even Antarctica.\u00a0 Gradiant\u2019s team has grown from 250 people at the end of 2020, to about 350 people in 2021 YTD \u2013 almost all headcount growth has been in the Asia Pacific region, mainly in their Singapore Regional HQ and R&D Center.<\/p>\n

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Research from MSCI\u00a0has indicated growing attention to sustainability among investors, who have recognized that companies with strong environmental, social, and governance practices in Asia are outperforming their counterparts. These regional trends suggest growing need for brand owners to adopt sustainable business practices, placing greater importance for cleantech solutions providers, such as Gradiant, to support their operations.<\/p>\n

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\u201cWe are experiencing another year of robust growth at Gradiant,\u201d said Luke Johnson, CFO of Gradiant.\u00a0 \u201cGrowth remains consistently strong across our strategic market segments in semiconductors, mining, and pharmaceuticals, and our new contract wins support the market\u2019s sustained demand for cleantech solutions and DBOOM concession agreements.\u00a0 We have proven this year that our acquisitions of Sigma Water (Malaysia) and CRS Water (Australia) in 2020 created synergies to access new customers, applications, and geographies, when married to Gradiant\u2019s clean water technologies and project development and financing capabilities.\u201d<\/p>\n

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