Awarded two contracts from Downstream Marine AS
M Vest Water has signed two contracts for delivery of water treatment equipment to Downstream Marine AS (DSM), Norway.
The deliveries are planned to be completed within end of Q2 - 2024 and has a total contract value of approx. NOK 6 million. The equipment is prepared for the use of NORWAFLOC® and MVW foresee potential recurring revenues when the equipment comes into operation.
One contract is to be delivered to a salmon slaughterhouse in Norway. This is the second equipment delivery MVW makes to the salmon industry under the excellent collaboration with DSM.
The second contract will be delivered to a slaughterhouse for pelagic fish in Norway. This is a new and important segment for MVW and a spin-off from the launch of the total solution for treatment of blood water and sludge from salmon slaughterhouses.
Our CEO Stein E. Giljarhus highlights “These two contracts strengthen our collaboration with DSM and establish MVW as a supplier of process equipment for water and sludge treatment within the aquaculture industry, and significantly facilitates the sales of our NORWAFLOC technology.”