CTI-Orelis acquires CeraMem assets
15 November 2017
CTI-Orelis recently announced the acquisition of the CeraMem® assets from Veolia Water Technologies. CTI-Orelis will immediately begin integrating the new business, developing synergies for advanced ceramic membrane-based solutions for the oil and gas industry.
CTI-Orelis acquires all the assets based in Boston, Massachusetts USA, including the membrane manufacturing plant, personnel, patents and stocks. After the acquisition, Veolia Water Technologies will become a key partner by continuing to use CeraMem membranes and systems.
CeraMem will also work closely with another CTI-Orelis group entity, ClearBakk Water Solutions, especially to support the development of Oil Sands applications and solutions.