$FLC:ASX - FLUENCE CORPORATION - Water treatment business

Fluence is a provider of decentralized water, wastewater treatment and reuse solutions for both municipal and industrial applications across the world. There seems to be some recent interest in this industry sector with some spectacular past performance of companies like Phoslock and SDV as examples. With droughts and pollution hot topics cleaning up of water ways and assisting desalination type plants as well as cleaning waters used by miners will all become more and more regulated with higher standards of quality being required to be met. It seems to trade within a bit of a range at the moment so could be worth a watch with tighter stops as it gets to the top of that range where resistance starts to kick in.

Fluence Corporation Ltd, formerly Emefcy Group Ltd, is an Israel-based company that is engaged in providing water treatment solutions. It offers decentralized, packaged water and wastewater treatment solutions. Its solutions include decentralized treatment, desalination, reuse, waste-to-energy, water treatment, wastewater treatment, food and beverage processing. It provides services and support for project financing and after-sale support. The Company offers water treatment products and wastewater treatment products. Water treatment products include NIROBOX SW, NIROBOX BW, ultrafiltration and reverse osmosis. Wastewater treatment includes MABR, NIRBOX WW, packaged plants, aeration equipment and dissolved air flotation. The Company operates in approximately 70 countries.

Comment:

Nice little 8% gain so far. Should have more in it.