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GRADIANT CORPORATION ESTABLISHES INDIAN SUBSIDIARY

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GRADIANT CORPORATION ESTABLISHES INDIAN SUBSIDIARYWater Treatment Innovator Provides Complete Solutions for Growing ZLD Requirements

BOSTON and CHENNAI – April 9, 2018 Gradiant Corporation, a leader in innovative solutions for industrial wastewater treatment and desalination, today announced the establishment of its Indian subsidiary following the successful commercialization of products in the region. The division, called Gradiant India Pvt. Ltd., will provide zero liquid discharge (ZLD) and water footprint reduction solutions for textile processors, dye stuff manufactures, pharmaceutical companies, and other industrial facilities.

Gradiant India will provide local leadership, sales and service personnel, while product development and engineering support will remain within the parent, Gradiant Corporation. This approach ensures focus on in-country customer needs, while centralizing innovation and intellectual property development.

Leading the local team as managing director will be Ravi Selvaraj. Mr. Selvaraj has more than 30 years of experience in water and wastewater treatment having worked at major corporations in India and the Asia Pacific Region.

“With ZLD requirements in place for wastewater producers across India, innovative solutions have gained in popularity as facilities throughout the country seek cost-effective options,” said Selvaraj. “We are excited to help solve these issues using Gradiant’s technologies, which reduce the life-cycle cost to treat and recover water for many industries.”

Gradiant Corporation began commercialization efforts in India in 2017 providing end-to-end water solutions, including its flagship humidification-dehumidification system known as Carrier Gas Extraction (CGE). This evaporator alternative, which mimics nature’s rain cycle to reduce the cost of treatment while increasing reliability, is designed to transform the most challenging industrial waste streams into valuable water resources. Most recently, the technology was selected over conventional evaporative technologies for textile manufacturing wastewater treatment in Tamil Nadu based on life-cycle cost and simplicity of operation.

“We are proud to partner with customers in India to treat complex industrial wastewaters in an increasingly stringent regulatory environment,” stated Anurag Bajpayee, CEO of Gradiant Corporation. “Our recent success in this market was a major catalyst in our decision to invest more in our growth by following a similar model as our oilfield services subsidiary. We look forward to more partnerships and success for Gradiant India under Ravi’s leadership.”

Gradiant Corporation has invested in the establishment of Gradiant India and will finalize an initial round of funding with local and strategic partners in May 2018.

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