Singapore-based waste-to-value firm plans maiden hub in India
1 year, 3 months ago

Singapore-based waste-to-value firm plans maiden hub in India

The Hindu  

A Singapore-based waste-to-value added product company - Memsift Innovations will set up its first global engineering plant in India and raise $10 million to expand operations, said its CEO and founder J. Antony Prince in Chennai. Prince, the company’s Improved Membrane Distillation technology “efficiently recovers valuable materials from industrial effluents while reducing environmental impact. “₹50 crore will be spent over the next three to five years and employ 70-80 engineers and the balance to open offices in Europe,” he said. The central focus of these systems is the treatment of industrial effluents by converting waste into value and decarbonizing high-value manufacturing industries on a global scale.

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