Categories: Wire Stories

Mitsubishi Electric, ME Innovation Fund Invests in Hydroleap Pte. Ltd.

Solving the problem of industrial wastewater in Southeast Asia aimed at creating a sustainable society.

TOKYO–(BUSINESS WIRE)–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.

For the full text, please visit: www.MitsubishiElectric.com/news/

Contacts

Customer Inquiries
Business Innovation Group

Mitsubishi Electric Corporation

Tel: +81-3-3218-4885

www.MitsubishiElectric.com/

Media Inquiries
Takeyoshi Komatsu

Public Relations Division

Mitsubishi Electric Corporation

Tel: +81-3-3218-2346

prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/

Alex

Recent Posts

InnoCare Announces the Completion of Patient Enrollment in the Phase II Clinical Trial of ICP-488 for the Treatment of Psoriasis

BEIJING--(BUSINESS WIRE)--InnoCare Pharma (HKEX: 09969; SSE: 688428), a leading biopharmaceutical company focusing on the treatment…

56 mins ago

Oasis Calls for Improved Shareholder Return & Votes Against Chairman, Two Directors at Kumagai Gumi

(Stock Code: 1861 JT) *Oasis proposes a dividend of JPY160 per share *Oasis recommends shareholders…

2 hours ago

AGBA Solidifies Market Leadership with Expansion Plans and Focus on Tech/Fintech Innovation

LOS ANGELES, May 15, 2024 (GLOBE NEWSWIRE) -- NASDAQ-listed, AGBA Group Holding Limited (“AGBA” or…

4 hours ago

Karooooo Reports Strong Customer Acquisition With Annual EPS up 24% and Q4 EPS up by 45%

SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack, a leading provider of data analytics and business…

4 hours ago

ISS, an Independent Proxy Solicitation Firm, Recommends Voting “FOR” Each of the Five Proposals at Westwater’s 2024 Annual Shareholder Meeting Scheduled for May 30th

CENTENNIAL, Colo.--(BUSINESS WIRE)--Westwater Resources, Inc. (NYSE American: WWR) an energy technology and battery-grade natural graphite…

5 hours ago

Chegg Strengthens its Academic Advisory Board in UK and Australia, Launches New Student Advisory Council

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG) today announced the newest members of its Academic…

5 hours ago