Energy Recovery Secures Award To Supply Ultra PX Devices To Battery Manufacturing Facility In China

Energy Recovery, Inc. ERII received an award to supply its Ultra PX energy recovery devices to support industrial wastewater treatment operations at a lithium-ion battery manufacturing facility in China. Financial terms were not disclosed.
Energy Recovery's Ultra PX helps manufacturing facilities to meet the demand for energy storage technologies while ensuring their operations are more cost-effective and sustainable.
Energy Recovery previously announced contracts to supply its Ultra PX to a natural gas plant in China, a chemical manufacturer in India, and three other Chinese manufacturers.
Price Action: ERII shares are trading higher by 1.99% at $19.48 on the last check Thursday.

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