Ridgefield Park, NJ - (NewMediaWire) - July 13, 2022 - LIFEQUEST WORLD CORP (LQWC) is focused on innovative, decentralized, scalable wastewater treatment and reuse technologies. Through its wholly owned subsidiary, Biopipe India Private Limited, the Company is concurrently pursuing both industrial, as well as sewage wastewater treatment with JV partner Abrimix. Designed to be the primary treatment of a zero liquid discharge solution, the first treatment plant is to be established for a pharmaceutical company based out of Pune, India.
Tanmay Pawale, the CEO of Biopipe India Private Limited stated that, “For the past one year we have been working to establish a foothold in the industrial wastewater treatment market in India and excited to have secured our first order from a highly reputable pharmaceutical company. The Abrimix ETP is a proven solution and getting the first plant operating will be a major milestone. We have developed a strong sales funnel and with our skid mounted pilot plant expected to be ready soon, we will be able to prove the efficacy of Abrimix ETP in various industries, and especially for the most difficult to treat water. Zero liquid discharge is a rapidly growing approach where all, or most, of the water is recovered and reused, thereby minimizing effluent discharge. We expect to deliver and commission this plant within the next five months.”
Pieter Jansen, the Founder and CEO of Abrimix Pty Limited stated that, “The implementation of Abrimix technology into the various industrial wastewater streams being worked on in the Indian market, will show the capability of the Abrimix technology to improve on the quality of the treated water being produced, and do so cost effectively and consistently within a small footprint treatment plant. The water quality produced with the Abrimix SSF plant is ideal as an effective pretreatment of feed water to a membrane plant to produce potable quality reuse water at an affordable price should the client want to recover the treated water.”
About Lifequest & Biopipe
Lifequest offers effluent treatment plants (ETP), sewage treatment plants (STP), fat oil and grease (FOG) separator and hybrid media for water polishing. Biopipe has developed a patented, 100% sludge-free, chemical-free, odor-free, silent, easy to assemble and install, scalable, low cost, ecological and low maintenance-free onsite sewage wastewater treatment system. The Abrimix ETP solution available through our joint venture is a highly efficient and cost-effective industrial wastewater treatment system that is vastly superior to Dissolved Air Floatation (DAF) and other onsite industrial wastewater treatment systems.
This press release contains forward-looking statements that reflect the Company's current beliefs, expectations or intentions regarding future events. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “will,” “will be”, “anticipate,” “predict,” “expect,” “continue,” “future,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of the Company and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to: political unrest in countries we operate in, Covid-19 pandemic related disruptions, shipping constraints, expatriation of invested capital, defaults, future revenues, expenditures, capital, the adequacy of the Company's current cash and working capital to fund present and planned operations, investments and the growth through joint ventures. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, can be found in our current Disclosure Statements at www.otcmarkets.com. The Company anticipates that subsequent events and developments may cause views and expectations to change. The Company assumes no obligation, and specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.