Latest Water Street Solutions News
Feb 5, 2014
Advanced Water Recovery (AWR) has closed on a comprehensive equity package from Black Canyon Equity and has acquired the services of Water Street Solutions, an industrial water treatment solutions development company. Water Street Solution’s management team will join AWR in promoting and managing a unique process for treating high salinity waters. Rapid City, South Dakota (PRWEB) February 05, 2014 Advanced Water Recovery is a water technology company focused on the reduction and removal of suspended and dissolved solids from high strength waste streams. The AWR process desalinates waters by utilizing chemistry that induces super saturation, forcing crystallization of dissolved salts at ambient temperature. TDS concentrations of 300,000+ ppm are reduced to less than 150 ppm, while leaving only dried solids, and no liquid reject stream. This is accomplished at dramatically reduced operating and capital costs compared to existing technology. AWR is currently constructing a commercial facility in the Marcellus region, which is expected to be operating by mid-summer of 2014. Water Street Solutions, is a water treatment solutions provider specializing in industrial water treatment. WSS’s principal partners, Bill Kohl, Patrick Ryan and Bradley Rickenbach have over 75 years of serving the domestic and international industrial water treatment markets. WSS has successfully developed hundreds of projects, providing technology solutions and design build solutions in the Oil & Gas, Produced Water, Desalination, Mining, Power, Food & Beverage, Municipal and various other industrial sectors for water and wastewater treatment solutions. Black Canyon Equity is a diversified investment company that provides guidance and assistance executing corporate goals in partnership with existing management teams. BCE has successfully provided assistance to numerous investment sectors, including banking, industrial contracting, communications, hospitality, housing, technology, and alternative energy. Their commitment to AWR includes a second funding round of later stage equity to further commercialize the technologies.