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GRADIANT CORPORATION’S MOMENTUM CONTINUES WITH ASIA EXPANSION

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GRADIANT CORPORATION’S MOMENTUM CONTINUES WITH ASIA EXPANSION

Water Treatment Innovator Secures New Partner to Expedite Commercialization

BOSTON –January 22, 2018 – Gradiant Corporation, a leader in innovative solutions for industrial wastewater treatment and desalination, unveiled significant milestones achieved in 2017 that set the stage for continued growth and expansion throughout 2018. Last year, following the successful formation of the oilfield services division, Gradiant Energy Services, Gradiant focused its attention on the growing $500 million wastewater desalination and zero liquid discharge market in Asia. The company secured contracts in China and India using their patented humidification – dehumidification (HDH) process to transform complex waste streams from power generation and textile manufacturing into fresh, reusable water.

Today, Gradiant announced their latest collaboration with Hong Kong based Esquel Group, the world’s largest woven shirt manufacturer. With production facilities in China, Malaysia, Mauritius, Sri Lanka and Vietnam, the Esquel Group is one of the most dynamic global-scale textile and apparel manufacturers. The partnership will allow Gradiant to expedite commercialization of their advanced water treatment solutions within the textile market.

“As a large vertically integrated textile and apparel manufacturer, we make efforts to minimize our ecological footprint every step of the way from cotton seed to shirt. Our goal is to institute innovative solutions to set new industrial benchmarks and preserve the environment where we operate. Gradiant has proven themselves as a true innovator in wastewater treatment and as a partner who can help us with our vision of making a difference,” said Mr. Yugao Zhang, Head of Research and Development at Esquel.

Textile and garment production requires roughly 150 liters of water to produce one kilo of textile material or the equivalent of one day’s attire for one person. The resulting wastewater carries with it dyes and chemicals that require advanced treatment to be safely discharged into the environment or reused in the process. Progressive textile manufacturers are adopting desalination and evaporation technologies to remove dissolved solids and achieve zero liquid discharge.

Gradiant’s HDH system removes harmful pollutants to recover clean water. This evaporator alternative mimics nature’s rain cycle to reduce the cost of treatment by as much as 50 percent. Gradiant first demonstrated the process at full-scale in 2013 treating produced water from North American oil and gas exploration and production.

“At Gradiant, we help industrial water users minimize their cost of treatment and their impact on the environment,” said Anurag Bajpayee, CEO of Gradiant Corporation. “We look forward to working with the Esquel Group to support their goals.”

About Gradiant Corporation
Gradiant Corporation and its operating subsidiaries provide sustainable solutions for complex water challenges. With a portfolio that includes patented desalination, brine minimization and other water recycling systems, Gradiant is globally recognized for innovative technologies that reduce the total cost of treatment and minimize the impact on the environment from industrial processes. Established in 2013 at the Massachusetts Institute of Technology (MIT), Gradiant is headquartered in Boston with offices and partners across the globe. Visit www.gradiant.com.

About Esquel Group
Founded in 1978, Esquel Group is a global textile and apparel manufacturer with a vertically-integrated supply chain that straddles from cotton to retailing. Through our retail brands PYE and Determinant, we communicate our belief directly to the world. With manufacturing facilities located in China, Malaysia, Mauritius, Sri Lanka and Vietnam, and merchandising offices servicing markets worldwide, Esquel manufactures over 100 million pieces of garments annually for leading brands including Ralph Lauren, Tommy Hilfiger and Hugo Boss. Long an advocate in innovation, environmental protection and corporate social responsibility, Esquel aspires to make a difference in the textile and apparel industry and contribute to the well-being of a wider community.

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