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Calix accelerates addressing global wastewater sustainability challenge and strengthens US pathway with acquisition of Inland Environmental Resources

Calix

October 15, 2019 – Australian technology company, Calix Limited (ASX: CXL), is accelerating its ability to address the global challenge of sustainable water treatment and strengthening its pathway into the US market with the acquisition of Inland Environmental Resources.

Inland Environmental Resources, Inc. (IER) is a distributor of magnesium hydroxide (MHL) products and other innovative environmentally-friendly process water and wastewater treatment chemicals and equipment. IER’s philosophy is to identify potential environmental solutions that can optimise performance and minimise costs associated with process water and wastewater treatment.

With rapid urbanisation and development, and increasing environmental pressure on industrial emissions, there is an emerging trend for safe, sustainable solutions to prevent odour, protect existing and new infrastructure, and improve wastewater treatment performance.

Phil Hodgson said, “Water and wastewater management is a challenge that can threaten vital waterways, with impacts on health and environment. IER’s values perfectly align to Calix’s goal of creating solutions that solve global sustainability challenges. Calix’s ACTI-Mag for example, is aimed at improving the sustainability of water treatment.”

Through this acquisition, Calix will be looking to drive top-line revenue growth in the US through expansion in existing geographies with more than a thousand municipal wastewater authorities across the nine US states where IER operates, introducing Calix’s odour control, phosphate removal, and fat/oil/grease (FOG) control solutions into these states, as well as expanding into new geographies and markets through the benefits offered by Calix’s ability to stabilise MHL and improve its performance.

Doug Kelley, President of IER, said, “In most cases, the environmental solution to a problem is also the most cost-effective. To this end, IER offers more than 100 years of combined experience in the areas of municipal and industrial wastewater and process water treatment. IER shares Calix’s passion to provide their uniquely stable and reactive MHL products for further growth into our primary North American markets, and to expand the applications of these high-quality, environmentally friendly technologies into new markets.”

-ENDS-

About Calix

Calix is a team of dedicated people developing a unique, patented technology to provide industrial solutions that address global sustainability challenges.

The core technology is being used to develop more environmentally friendly solutions for advanced batteries, crop protection, aquaculture, wastewater, and carbon reduction.

Calix develops its technology via a global network of research and development collaborations, including governments, research institutes and universities, some of world’s largest companies, and a growing customer base and distributor network for its commercialised products and processes.

Because there’s only one Earth – Mars is for Quitters.

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