September 22, 2021

Sumitomo Corporation of Americas Signs Sales Agreement to Market EcoVAP's Groundbreaking Wastewater Solutions

Sumitomo Corporation of Americas Signs Sales Agreement to Market EcoVAP's Groundbreaking Wastewater Solutions

September 22, 2021

Sumitomo Corporation of Americas ("SCOA") has signed a non-exclusive sales agreement with EcoVAP, Inc. ("EcoVap"), a leader in advanced water reduction solutions for agricultural, municipal, and industrial users. EcoVAP's patented and patent-pending water technologies provide both environmentally friendly and cost-effective alternatives to conventional water elimination and recovery practices; Sumitomo Corporation of Americas will introduce the company's industrial water elimination technology to its diverse global network.

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EcoVAP Records Highest Evaporation Rate to Date, 63x Pan Rate, at BRGNDRF Test Facility
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OREM, Utah--(BUSINESS WIRE)--EcoVAP, Inc. is proud to announce the first results of a pilot-scale EcoVAP Evaporation Matrix at the Brackish Groundwater National Desalination Research Facility (“BGNDRF”) in Alamogordo, New Mexico. The project is being partly financed by the Bureau of Reclamation (“Reclamation”) based on EcoVAP winning a grant to dispose of excess brine water in the lowest cost and most environmentally-friendly way possible.
West Texas Shale Companies Could End Up Paying Up to $207-$763mn to Transport Water from Seismic Zones
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In response to a 88x increase since 2018 in >3 Richter scale earthquakes in the Permian, Texas regulators are imposing restrictions that can shut-down or sharply curtail the volumes of certain saltwater injection wells (“SWDs”). As a result, transportation costs to ever more distant and less seismicity-dangerous SWDs could lead West Texas Shale E+P costs to increase by $207mn (currently contemplated curtailments/shutdowns) and as much as $763mn (assuming curtailments and shut-downs of all of the SWDs in the earthquake-prone areas). As an enhanced evaporation company, EcoVAP carries no seismicity risk, and is generally able to evaporate with 1/40th the land footprint and lower costs than conventional evaporation. Moreover, because EcoVAP’s Evaporation Matrices are fully scalable to any wastewater disposal need, they can be located at the well-head or tank battery, thus implying no trucking. EcoVAP already operates one such facility in the Eagle Ford (See Case Study: https://www.ecovap.com/case-studies/oil-gas-operation)
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The attached report “The Carbon Footprint of Water” estimates the water sector consumes a whopping 13% of all electricity in the US and is responsible for 5% of all US carbon emissions. Moreover, these figures are expected to rise dramatically given that new water supplies must come from even more energy-demanding sources; i.e., pumping through longer aqueducts and from deeper aquifers, and from desalination and other treatments for reuse. By contrast, EcoVAP’s biomimcry-based technology uses practically no electricity, thus implying negligible CO2 footprint, and our “Matrices” can also be located at the point where the wastewater is generated, thus avoiding the CO2 from trucking.
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Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
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Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska