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LIFEQUEST WORLD CORP (LQWC) subsidiary, Biopipe Global, has developed a scalable onsite sewage wastewater treatment technology. The plant, capable of treating 5m3/day, is being installed at a facility for a major wine and spirits brand. COO Tanmay Pawale expressed optimism about the project's potential, highlighting plans for additional installations at other sites. While the company has faced challenges due to Covid-19 in India, they are hopeful for future improvements. Biopipe's technology is noted for being eco-friendly and cost-effective, enhancing its appeal in the commercial sector.
LIFEQUEST WORLD CORP (LQWC) announces its first commercial purchase order for Biopipe Global's sewage treatment plant in Ethiopia. The plant, capable of treating 100m3 (26,500 gallons) of wastewater per day, aims to meet local discharge standards and will be installed in Gorgara, a tourist area. Biopipe was selected over a German competitor and expects to receive a letter of credit within 30 days for the order. The project, delayed by Covid-19, is seen as a significant step towards expanding Biopipe's market presence in Ethiopia.
Lifequest World Corp's (LQWC) subsidiary, Biopipe Global, has successfully developed a scalable onsite sewage wastewater treatment technology. A 30m3 plant is operational in Izmir, producing water suitable for irrigation while exceeding discharge standards. CEO Enes Kutluca highlighted Turkey's water challenges and municipalities' increasing demand for effective treatment solutions. The Izmir municipality praises Biopipe's efficiency and has identified 80 potential installation sites. Future plans include a Build Own Transfer model, aiming to expand Biopipe's reach across Turkey, emphasizing both environmental and economic benefits.
LIFEQUEST WORLD CORP (LQWC) has announced a significant investment in a decentralized wastewater treatment plant, targeting a daily capacity of 200m3. This facility, set to treat abattoir wastewater, is backed by a 10-year Water-as-a-Service (WaaS) agreement, generating approximately $3.5 million in free cash flow and a 25% equity IRR. The plant is expected to be operational within 8-12 weeks. CEO Max Khan emphasized the shift towards Build Own Operate strategies, highlighting the increased demand for sustainable wastewater solutions amidst the post-Covid recovery.
LIFEQUEST WORLD CORP (LQWC) announced that its subsidiary, Biopipe Global Corp, has secured two significant orders in Bangladesh. These orders include a 100m3/day wastewater treatment plant for a government office and a 180m3/day plant for a hotel. Despite challenges posed by Covid-19, Biopipe Innovation's Executive Director expressed optimism for future opportunities. Additionally, CEO Max Khan noted ongoing efforts to implement strategies in South Africa and Turkey, along with pending decisions on a major government tender in Ethiopia.
Lifequest World Corp (LQWC) has announced plans to acquire a majority stake in Aquity and provide project financing for decentralized wastewater treatment plants in South Africa. The plants, under various models including Build Own Operate (BOO), are projected to yield long-term stable cash flows with internal rates of return exceeding 25%. The company aims to capitalize on the growing market for modular wastewater solutions, projected to reach $21.8 billion in 2021. The first BOO plant is expected to generate approximately $3.5 million in free cash flow over 20 years.
Biopipe Corporation, a subsidiary of Lifequest World Corp (LQWC), has successfully installed a 35m3/day sewage wastewater treatment plant in the Philippines. This pilot project, located at Ozean 8 Trading Corporation, exemplifies Biopipe's innovative sludge-free technology, providing clean water discharge suitable for reuse. Under new government discharge standards, this system effectively reduces nutrient levels to meet compliance, generating increased interest from various sectors for future projects. The installation process was completed in less than a month, showcasing the system's flexibility and efficiency.
LIFEQUEST WORLD CORP (LQWC) has launched a joint venture, BPipe Corporation, in the Philippines through its subsidiary, Biopipe Global Corp. They received a purchase order for a 35m3/day wastewater treatment plant to act as a reference model. The firm aims to address the Philippines' sanitation challenges, where only 10% of wastewater is treated. Biopipe's innovative, sludge-free sewage treatment system is expected to significantly contribute to the country's sanitation goals, with initial marketing targeting key sectors such as hotels and hospitals.
Lifequest World Corp (LQWC) has announced a strategic partnership with Purecycle Inovatif to establish a 50-50 joint venture in Turkey, focusing on innovative wastewater treatment solutions. Through its subsidiary Biopipe Global, LQWC has developed a unique, scalable, and eco-friendly sewage wastewater treatment system. The venture aims to address Turkey's impending water shortages and the need for sustainable waste management, particularly in municipalities. Biopipe's technology is already recognized for its low maintenance and environmental standards compliance.