MONTRÉAL, Oct. 3,
2018 /PRNewswire/ - Sanexen Environmental
Services Inc. (''Sanexen''), a leading
environmental company and part of the LOGISTEC family, announced
today that it will receive $1M CAD
from Sustainable Development Technology Canada (''SDTC''). Sanexen
will direct the funding to demonstrate the next generation of
trenchless structural cured in-place pipe (''CIPP'') technology for
water main applications.
The funding from SDTC will allow Sanexen's Innovation team
to advance its unique seamless structural water technology with
much improved strength and a unique ability to adapt to host pipe.
With SDTC support, Sanexen aims to build on its original Aqua-Pipe®
technology, a proven trenchless alternative to conventional
dig-and-replace methods, for the renewal of underground water
mains. To achieve this goal, Sanexen has initiated an ambitious
demonstration testing program at Cornell
University. The work at Cornell
University will focus on research and large-scale laboratory
testing conducted at the Cornell Large-Scale Lifelines Testing
Facility and will be performed in partnership with US and Canadian
water utilities. Cornell has developed
a protocol for large-scale testing to evaluate and quantify
pipeline performance during extreme events.
"At Sanexen, we believe that innovation in water
technology will play an essential role in minimizing the costs and
maximizing the efficiency of the much needed renovations in North
American water infrastructure," said Madeleine Paquin, Chairman of Sanexen and
President and Chief Executive Officer of
LOGISTEC Corporation. "Our partnership with SDTC helps Canadian
entrepreneurs like us accelerate the development and deployment of
globally competitive clean technology solutions."
"Sanexen is a great example of Canadian cleantech
innovation that SDTC is proud to support. By thinking outside of
the box to find a more cost-effective way to rehabilitate water
mains, the company is contributing to better water conservation,
all while reducing the environmental impact of their actions.",
said Leah Lawrence, President and
CEO, Sustainable Development Technology Canada.
2018 is a pivotal year for Sanexen as it expanded
its global presence into new states in the U.S. Sanexen is
also entering new markets, such as Australia.
"We're proud to play a role in such a
meaningful industry, working closely with cities to
deploy our proven technology across communities", concluded
Madeleine Paquin, President and
Chief Executive Officer of LOGISTEC Corporation.
About SANEXEN
SANEXEN, part of the LOGISTEC
family, is one of Canada's leading
providers of environmental solutions including site remediation,
manufacturing of woven hoses and trenchless structural
rehabilitation of underground water mains. From the onset, Sanexen
has assisted industrial, municipal and governmental customers in
dealing with environmental issues to deliver optimal value
solutions that are best adapted to their needs.
Over the past 18 years, Sanexen has developed considerable
expertise and an impressive intellectual property portfolio with
respect to its innovative Aqua-Pipe® technology for the
rehabilitation of underground water mains. Sanexen has installed
more than 1,600 km of its Aqua-Pipe® Trenchless Structural CIPP
Technology in over 350 cities in North America, helping them improve their
water main network performance and reduce their maintenance
costs.
About LOGISTEC
LOGISTEC Corporation is based in Montréal (QC) and
provides specialized services to the marine community and
industrial companies in the areas of bulk, break-bulk and container
cargo handling in 37 ports and 61 terminals across North America. LOGISTEC also offers marine
transportation services geared primarily to the Arctic coastal
trade, as well as marine agency services to foreign shipowners and
operators serving the Canadian market.
About SDTC
SDTC is a foundation created by the Government of
Canada to advance clean technology
innovation in Canada by funding
and supporting small and medium-sized enterprises developing and
demonstrating clean technology solutions.
About Cornell
Cornell University is a
private, Ivy League university and
the land-grant university for New York
state. Cornell's mission is to
discover, preserve and disseminate knowledge, to educate the next
generation of global citizens, and to promote a culture of broad
inquiry throughout and beyond the Cornell community. Cornell is helping the water industry to develop
the next generation hazard resilient pipelines and underground
infrastructure for enhanced performance after earthquakes, floods,
hurricanes, and events that cause ground deformation and
undermining of buried water mains.
www.logistec.com
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SOURCE Logistec Corporation