De.mem set to roll out smart nano-membrane using IPO funds

Feb. 23, 2017
Singapore membrane technology company De.mem hopes to expand sales of its membrane technology across Asia after an initial public offering... 

SINGAPORE – Singapore membrane technology company De.mem hopes to expand sales of its membrane technology across Asia after an initial public offering (IPO).

The company intends to raise AUS$3.75-4.50 million (US$2.9-3.5 million) from an IPO on the Australian Stock Exchange, expected by the end of March this year.

De.mem has been working to scale up and validate a low-pressure hollow fibre membranefor decentralised industrial used water treatment applications.

The nanofiltration membrane was developed by Prof Wang Rong of Nanyang Technological University and licensed to De.mem in June last year.

According to the company, the membrane’s surface is positively charged, which results in “better rejection of contaminants that is less dependent on pore size”.

To be operated at 2 bar, the Singapore firm believes this will not only reduce the operating cost compared to traditional reverse osmosis membranes but that there is also “no need for ultrafiltration as a pre-filtration method”, leading to reduced capital costs.

Raised finance will be used to expand the business in Singapore, Vietnam and the region, according to The Business Times in Singapore.

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About the Author

Tom Freyberg

Tom Freyberg is an experienced environmental journalist, having worked across a variety of business-to-business titles. Since joining Pennwell in 2010, he has been influential in developing international partnerships for the water brand and has overseen digital developments, including 360 degree video case studies. He has interviewed high level figures, including NYSE CEO’s and Environmental Ministers. A known figure in the global water industry, Tom has chaired and spoken at conferences around the world, from Helsinki, to London and Singapore. An English graduate from Exeter University, Tom completed his PMA journalism training in London.

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